https://www.taxtmi.com/caselaws?id=254637 The court held that the Commissioner of Income Tax can consider retrospective amendments made after the original assessment order while revising an order under Section 264. The court emphasized that the Commissioner is duty-bound to correct overassessments due to retrospective amendments. The impugned order of the Commissioner was set aside, and the Commissioner was directed to reconsider the petitioner's claim of deduction under Section 80HHC in accordance with the amended law. en-us Mon, 22 Dec 2014 00:00:00 +0530 Fri, 26 Dec 2014 15:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254637 The court held that the Commissioner of Income Tax can consider retrospective amendments made after the original assessment order while revising an order under Section 264. The court emphasized that the Commissioner is duty-bound to correct overassessments due to retrospective amendments. The impugned order of the Commissioner was set aside, and the Commissioner was directed to reconsider the petitioner's claim of deduction under Section 80HHC in accordance with the amended law. Case-Laws Income Tax Mon, 22 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254637