https://www.taxtmi.com/caselaws?id=18456 HC held that the AO failed to examine the assessee's eligibility for deductions under ss. 80HH and 80J by applying the statutory conditions, and had merely proceeded to assess tax liability. It upheld the CIT's exercise of revisional jurisdiction under s. 263, observing that the assessment order was erroneous and prejudicial to the interests of Revenue. The HC found that the CIT had only remanded the matter for proper reassessment in accordance with the prescribed conditions, without deciding the merits of the claim. The Tribunal's contrary view was held unsustainable. The reference was answered in favour of Revenue and against the assessee. en-us Mon, 15 Jan 1996 00:00:00 +0530 Mon, 15 Dec 2025 15:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18456 HC held that the AO failed to examine the assessee's eligibility for deductions under ss. 80HH and 80J by applying the statutory conditions, and had merely proceeded to assess tax liability. It upheld the CIT's exercise of revisional jurisdiction under s. 263, observing that the assessment order was erroneous and prejudicial to the interests of Revenue. The HC found that the CIT had only remanded the matter for proper reassessment in accordance with the prescribed conditions, without deciding the merits of the claim. The Tribunal's contrary view was held unsustainable. The reference was answered in favour of Revenue and against the assessee. Case-Laws Income Tax Mon, 15 Jan 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18456