https://www.taxtmi.com/caselaws?id=248141 The High Court upheld the decisions of the ITAT and CIT(Appeals), dismissing the revenue's appeal. The court found that the denial of deduction under Section 80HHC was based solely on DRI investigations without independent verification, leading to lack of natural justice. Additionally, the failure to issue a notice under Section 143(2) during reassessment and reliance on best judgment assessment were deemed improper, contributing to the dismissal of the revenue's appeal. The court emphasized the significance of natural justice and adherence to procedural requirements in tax assessments. en-us Wed, 21 May 2014 00:00:00 +0530 Tue, 03 Jun 2014 16:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248141 The High Court upheld the decisions of the ITAT and CIT(Appeals), dismissing the revenue's appeal. The court found that the denial of deduction under Section 80HHC was based solely on DRI investigations without independent verification, leading to lack of natural justice. Additionally, the failure to issue a notice under Section 143(2) during reassessment and reliance on best judgment assessment were deemed improper, contributing to the dismissal of the revenue's appeal. The court emphasized the significance of natural justice and adherence to procedural requirements in tax assessments. Case-Laws Income Tax Wed, 21 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248141