https://www.taxtmi.com/caselaws?id=205634 Calcined petroleum coke was held not to be "mineral oil" for the purposes of Section 80HHC(2)(b) of the Income-tax Act, following an earlier binding decision on the same question of law. On that basis, the Tribunal's view treating it as mineral oil was found incorrect, and the revisionary order under Section 263(1) could not be sustained. The question was answered in favour of the assessee and against the Revenue, and the orders of the Tribunal and the Commissioner were quashed. en-us Thu, 08 Sep 2011 00:00:00 +0530 Wed, 14 Sep 2011 22:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205634 Calcined petroleum coke was held not to be "mineral oil" for the purposes of Section 80HHC(2)(b) of the Income-tax Act, following an earlier binding decision on the same question of law. On that basis, the Tribunal's view treating it as mineral oil was found incorrect, and the revisionary order under Section 263(1) could not be sustained. The question was answered in favour of the assessee and against the Revenue, and the orders of the Tribunal and the Commissioner were quashed. Case-Laws Income Tax Thu, 08 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205634