https://www.taxtmi.com/caselaws?id=261777 Deduction under section 80P(2)(d) was upheld where the Assessing Officer had only considered whether gross or net income should be taken for the claim. The Tribunal accepted the Commissioner (Appeals)' reliance on binding coordinate bench decisions and held that the Revenue could not raise a new objection before it on a ground not examined by the Assessing Officer. The assessee's deduction claim was therefore sustained and the Revenue's challenge rejected. en-us Fri, 17 Jul 2015 00:00:00 +0530 Wed, 22 Jul 2015 06:37:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261777 Deduction under section 80P(2)(d) was upheld where the Assessing Officer had only considered whether gross or net income should be taken for the claim. The Tribunal accepted the Commissioner (Appeals)' reliance on binding coordinate bench decisions and held that the Revenue could not raise a new objection before it on a ground not examined by the Assessing Officer. The assessee's deduction claim was therefore sustained and the Revenue's challenge rejected. Case-Laws Income Tax Fri, 17 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261777