https://www.taxtmi.com/caselaws?id=17753 The court ruled in favor of the assessee in Reference No. 187 of 1992 and against the Revenue in Reference No. 44 of 1993, affirming the relevance and validity of provisional certificates in determining deductions under section 80K of the Income-tax Act. The judgment emphasized the importance of assessing shareholders based on provisional certificates until rectified, to ensure consistency and avoid administrative burden on the Income-tax Department. The court's decision highlighted the practicality of using provisional certificates to prevent constant modifications in assessment orders due to variations in company assessments. en-us Tue, 27 Aug 1996 00:00:00 +0530 Thu, 24 Sep 2009 15:58:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17753 The court ruled in favor of the assessee in Reference No. 187 of 1992 and against the Revenue in Reference No. 44 of 1993, affirming the relevance and validity of provisional certificates in determining deductions under section 80K of the Income-tax Act. The judgment emphasized the importance of assessing shareholders based on provisional certificates until rectified, to ensure consistency and avoid administrative burden on the Income-tax Department. The court's decision highlighted the practicality of using provisional certificates to prevent constant modifications in assessment orders due to variations in company assessments. Case-Laws Income Tax Tue, 27 Aug 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17753