https://www.taxtmi.com/caselaws?id=252227 The Income Tax Appellate Tribunal dismissed the Revenue's appeal under Section 260A of the Income Tax Act, challenging the allowance of a deduction claimed by the respondent under Section 80HHC for profits from Export business in the assessment year 1996-97. The Tribunal found that the Assessing Officer's disallowance of part of the claim without issuing a notice under Section 143(3) was impermissible, as debatable claims require proper assessment procedures. The dismissal of the appeal aligned with the need for adherence to established principles in assessing tax claims. en-us Tue, 16 Sep 2014 00:00:00 +0530 Wed, 18 Feb 2015 12:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252227 The Income Tax Appellate Tribunal dismissed the Revenue's appeal under Section 260A of the Income Tax Act, challenging the allowance of a deduction claimed by the respondent under Section 80HHC for profits from Export business in the assessment year 1996-97. The Tribunal found that the Assessing Officer's disallowance of part of the claim without issuing a notice under Section 143(3) was impermissible, as debatable claims require proper assessment procedures. The dismissal of the appeal aligned with the need for adherence to established principles in assessing tax claims. Case-Laws Income Tax Tue, 16 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252227