https://www.taxtmi.com/caselaws?id=215592 The Tax Case Appeal centered on the correct application of the amended provision of law, specifically Explanation (baa) to Section 80HHC(4A), in the assessment order for the year 1992-93. The High Court held that the failure to include the relevant provision in the assessment order constituted an error that could be rectified under Section 254(2) of the Income Tax Act. Consequently, the appeal was allowed, the Tribunal's decision was overturned, and the case was remanded for reconsideration in line with the appropriate legal provision for that assessment year. No costs were awarded in this ruling. en-us Tue, 17 Jul 2012 00:00:00 +0530 Fri, 10 Aug 2012 23:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215592 The Tax Case Appeal centered on the correct application of the amended provision of law, specifically Explanation (baa) to Section 80HHC(4A), in the assessment order for the year 1992-93. The High Court held that the failure to include the relevant provision in the assessment order constituted an error that could be rectified under Section 254(2) of the Income Tax Act. Consequently, the appeal was allowed, the Tribunal's decision was overturned, and the case was remanded for reconsideration in line with the appropriate legal provision for that assessment year. No costs were awarded in this ruling. Case-Laws Income Tax Tue, 17 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215592