https://www.taxtmi.com/caselaws?id=237647 A deduction claim under Chapter VIA, including Section 80IB of the Income-tax Act, was stated to have been wrongly ignored in the return processing. Once the Revenue accepted that this was an obvious mistake, rectification was required and the consequential demand could not survive. The Court directed correction of the assessment error, after which the impugned orders and demand were liable to be set aside. The petition was disposed of with consequential relief flowing from the allowed deduction claim. en-us Wed, 26 Jun 2013 00:00:00 +0530 Fri, 04 Oct 2013 01:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237647 A deduction claim under Chapter VIA, including Section 80IB of the Income-tax Act, was stated to have been wrongly ignored in the return processing. Once the Revenue accepted that this was an obvious mistake, rectification was required and the consequential demand could not survive. The Court directed correction of the assessment error, after which the impugned orders and demand were liable to be set aside. The petition was disposed of with consequential relief flowing from the allowed deduction claim. Case-Laws Income Tax Wed, 26 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237647