https://www.taxtmi.com/caselaws?id=181284 The Appellate Tribunal ITAT Chennai allowed the appeals by the assessee against orders u/s 263 of the Income-tax Act for the assessment years 2001-02 and 2002-03. The Tribunal found a mistake in not considering a specific ground raised by the assessee and recalled its order for adjudication. The issue related to an addition made in the original assessment, which the assessee argued had already been decided in their favor. The Tribunal held that the issue required fresh consideration by the Assessing Officer for computation of deduction. The matter was restored to the Assessing Officer for both assessment years, and the appeals were considered allowed for statistical purposes. en-us Thu, 16 Dec 2010 00:00:00 +0530 Tue, 12 Apr 2016 14:51:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181284 The Appellate Tribunal ITAT Chennai allowed the appeals by the assessee against orders u/s 263 of the Income-tax Act for the assessment years 2001-02 and 2002-03. The Tribunal found a mistake in not considering a specific ground raised by the assessee and recalled its order for adjudication. The issue related to an addition made in the original assessment, which the assessee argued had already been decided in their favor. The Tribunal held that the issue required fresh consideration by the Assessing Officer for computation of deduction. The matter was restored to the Assessing Officer for both assessment years, and the appeals were considered allowed for statistical purposes. Case-Laws Income Tax Thu, 16 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181284