https://www.taxtmi.com/caselaws?id=359175 The High Court ruled in favor of the assessee on the jurisdictional issue, emphasizing the importance of considering the correctness and prejudice of an order under Section 263. The Court highlighted the need for clarity on the interaction between deductions under Sections 80 IB and 80 HHC, pending the outcome of the appeal before the Supreme Court. The judgment underscored the significance of past legal interpretations in determining the validity of an assessing officer's decision. en-us Mon, 16 Apr 2018 00:00:00 +0530 Thu, 31 May 2018 15:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359175 The High Court ruled in favor of the assessee on the jurisdictional issue, emphasizing the importance of considering the correctness and prejudice of an order under Section 263. The Court highlighted the need for clarity on the interaction between deductions under Sections 80 IB and 80 HHC, pending the outcome of the appeal before the Supreme Court. The judgment underscored the significance of past legal interpretations in determining the validity of an assessing officer's decision. Case-Laws Income Tax Mon, 16 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359175