https://www.taxtmi.com/caselaws?id=180122 The assessee's Miscellaneous Application seeking rectification of a mistake in the Tribunal's order related to the deduction under section 80HHC for enhanced profit due to the addition made on account of closing stock was allowed. The Tribunal revised the relevant paragraph in the order, acknowledging that the addition to the closing stock increased the net profit eligible for the deduction. The Assessing Officer was directed to allow the deduction based on the final assessed profits and gains of the business after considering the additions made during the assessment, resulting in a favorable outcome for the assessee. en-us Tue, 15 Feb 2005 00:00:00 +0530 Thu, 17 Mar 2016 10:27:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180122 The assessee's Miscellaneous Application seeking rectification of a mistake in the Tribunal's order related to the deduction under section 80HHC for enhanced profit due to the addition made on account of closing stock was allowed. The Tribunal revised the relevant paragraph in the order, acknowledging that the addition to the closing stock increased the net profit eligible for the deduction. The Assessing Officer was directed to allow the deduction based on the final assessed profits and gains of the business after considering the additions made during the assessment, resulting in a favorable outcome for the assessee. Case-Laws Income Tax Tue, 15 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180122