https://www.taxtmi.com/caselaws?id=10196 The court ruled in favor of the assessee, allowing simultaneous benefits under Sections 10(10C) and 89(1) of the Income-tax Act, 1961. The Assessing Officer's disallowance of relief under Section 89(1) in addition to the exemption under Section 10(10C) was overturned. The court held that spreading the relief under Section 89(1) over multiple years does not violate the proviso to Section 10(10C) and that the assessee is entitled to both benefits. The judgment emphasized the application of strict or literal construction in tax statutes and upheld the assessee's right to claim the benefits. en-us Mon, 06 Dec 2004 00:00:00 +0530 Tue, 14 Jun 2011 04:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10196 The court ruled in favor of the assessee, allowing simultaneous benefits under Sections 10(10C) and 89(1) of the Income-tax Act, 1961. The Assessing Officer's disallowance of relief under Section 89(1) in addition to the exemption under Section 10(10C) was overturned. The court held that spreading the relief under Section 89(1) over multiple years does not violate the proviso to Section 10(10C) and that the assessee is entitled to both benefits. The judgment emphasized the application of strict or literal construction in tax statutes and upheld the assessee's right to claim the benefits. Case-Laws Income Tax Mon, 06 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10196