https://www.taxtmi.com/caselaws?id=257677 The Tribunal affirmed the CIT's order for the assessment year 1997-98, directing the proper computation of deductions under Chapter VI-A. However, for the assessment year 1998-99, the Tribunal allowed the appeal, ruling that the CIT's attempt to revise the order under Section 263 was time-barred as the issue had been previously decided by the Tribunal. The Tribunal stressed the necessity of adhering to legal provisions in computing deductions and upheld the CIT's directions where appropriate. en-us Thu, 05 Mar 2015 00:00:00 +0530 Thu, 19 Mar 2015 07:58:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257677 The Tribunal affirmed the CIT's order for the assessment year 1997-98, directing the proper computation of deductions under Chapter VI-A. However, for the assessment year 1998-99, the Tribunal allowed the appeal, ruling that the CIT's attempt to revise the order under Section 263 was time-barred as the issue had been previously decided by the Tribunal. The Tribunal stressed the necessity of adhering to legal provisions in computing deductions and upheld the CIT's directions where appropriate. Case-Laws Income Tax Thu, 05 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257677