https://www.taxtmi.com/caselaws?id=357234 The Tribunal upheld the Commissioner of Income Tax's order under section 263, deeming the original assessment erroneous on grounds related to allocation of expenses for deduction under section 80RR and the application of Double Taxation Avoidance Agreements (DTAA). The Tribunal dismissed challenges to the deduction under section 80G and examination of capital loss and property acquisition sources. Cross objections for earlier years were allowed based on DTAA provisions, but benefits were denied for the assessment year 2004-05 onwards due to legislative amendments. en-us Wed, 20 Dec 2017 00:00:00 +0530 Tue, 20 Mar 2018 15:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357234 The Tribunal upheld the Commissioner of Income Tax's order under section 263, deeming the original assessment erroneous on grounds related to allocation of expenses for deduction under section 80RR and the application of Double Taxation Avoidance Agreements (DTAA). The Tribunal dismissed challenges to the deduction under section 80G and examination of capital loss and property acquisition sources. Cross objections for earlier years were allowed based on DTAA provisions, but benefits were denied for the assessment year 2004-05 onwards due to legislative amendments. Case-Laws Income Tax Wed, 20 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357234