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    <title>2018 (8) TMI 1262 - MADRAS HIGH COURT</title>
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    <description>The judgment concluded that the Tribunal erred in applying the wrong precedent regarding the computation of deduction under Section 80HHC of the Income Tax Act. The case highlighted the importance of aligning Tribunal decisions with the correct legal position established by relevant judicial precedents to ensure accurate application of tax laws. Consequently, the matter was remanded to the Assessing Officer for proper computation of the deduction, emphasizing the significance of accurate application of legal precedents in tax matters.</description>
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      <description>The judgment concluded that the Tribunal erred in applying the wrong precedent regarding the computation of deduction under Section 80HHC of the Income Tax Act. The case highlighted the importance of aligning Tribunal decisions with the correct legal position established by relevant judicial precedents to ensure accurate application of tax laws. Consequently, the matter was remanded to the Assessing Officer for proper computation of the deduction, emphasizing the significance of accurate application of legal precedents in tax matters.</description>
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