https://www.taxtmi.com/caselaws?id=268453 The Tribunal upheld the decision of the CIT(A) to grant relief to the assessee under section 90 of the IT Act while computing tax liability under section 115JB. The Tribunal emphasized that the assessee should be allowed the set off of tax relief against the tax liability determined under section 115JB, following a similar precedent set by a Co-ordinate Bench. The appeal filed by the revenue challenging the allowance of relief was dismissed, affirming the decision in favor of the assessee. en-us Thu, 01 Oct 2015 00:00:00 +0530 Thu, 26 Nov 2015 06:51:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268453 The Tribunal upheld the decision of the CIT(A) to grant relief to the assessee under section 90 of the IT Act while computing tax liability under section 115JB. The Tribunal emphasized that the assessee should be allowed the set off of tax relief against the tax liability determined under section 115JB, following a similar precedent set by a Co-ordinate Bench. The appeal filed by the revenue challenging the allowance of relief was dismissed, affirming the decision in favor of the assessee. Case-Laws Income Tax Thu, 01 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268453