https://www.taxtmi.com/caselaws?id=184341 The court held that the Commissioner of Income Tax (CIT) lacked the power to direct the withdrawal of claims under sections 80HH and 80-I in subsequent years as it would amount to reviewing the initial year's assessment. It emphasized that subsequent assessments must adhere to the law as interpreted by the Supreme Court, even if it contradicts the initial year's decision. The court remitted the matters for fresh consideration regarding the eligibility of deductions under sections 80HH and 80-I in light of the Supreme Court's judgment in N.C. Budharaja, allowing the appeals without awarding costs. en-us Mon, 27 Apr 2009 00:00:00 +0530 Wed, 06 Jul 2016 11:37:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=184341 The court held that the Commissioner of Income Tax (CIT) lacked the power to direct the withdrawal of claims under sections 80HH and 80-I in subsequent years as it would amount to reviewing the initial year's assessment. It emphasized that subsequent assessments must adhere to the law as interpreted by the Supreme Court, even if it contradicts the initial year's decision. The court remitted the matters for fresh consideration regarding the eligibility of deductions under sections 80HH and 80-I in light of the Supreme Court's judgment in N.C. Budharaja, allowing the appeals without awarding costs. Case-Laws Income Tax Mon, 27 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=184341