https://www.taxtmi.com/caselaws?id=219984 Section 80IA(9) bars a taxpayer from again claiming Chapter VI-A deduction on profits already allowed under Section 80IA. An assessment that granted both Section 80IA and Section 80HHC deductions without reducing the covered profits was therefore erroneous and prejudicial to the interests of the revenue. The High Court held that the Commissioner was justified in invoking revisional jurisdiction under Section 263, because the assessment order did not reflect a sustainable possible view in the face of the statutory restriction. The Tribunal erred in treating the assessment as immune from revision, and the revisional order was restored. en-us Thu, 20 Dec 2012 00:00:00 +0530 Sat, 15 Jun 2013 17:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219984 Section 80IA(9) bars a taxpayer from again claiming Chapter VI-A deduction on profits already allowed under Section 80IA. An assessment that granted both Section 80IA and Section 80HHC deductions without reducing the covered profits was therefore erroneous and prejudicial to the interests of the revenue. The High Court held that the Commissioner was justified in invoking revisional jurisdiction under Section 263, because the assessment order did not reflect a sustainable possible view in the face of the statutory restriction. The Tribunal erred in treating the assessment as immune from revision, and the revisional order was restored. Case-Laws Income Tax Thu, 20 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219984