https://www.taxtmi.com/caselaws?id=393649 The High Court held in favor of the appellant, stating that the Assessing Officer should have considered the claim for deduction under Section 10B even if not raised in revised returns. The Court emphasized the wide powers of the Appellate Authorities to ascertain correct tax liability and permitted the appellant's claim for deduction. The High Court set aside previous decisions, restoring the appeal for fresh adjudication on the deductions under Section 10B within four months. en-us Thu, 12 Mar 2020 00:00:00 +0530 Mon, 18 Jan 2021 13:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393649 The High Court held in favor of the appellant, stating that the Assessing Officer should have considered the claim for deduction under Section 10B even if not raised in revised returns. The Court emphasized the wide powers of the Appellate Authorities to ascertain correct tax liability and permitted the appellant's claim for deduction. The High Court set aside previous decisions, restoring the appeal for fresh adjudication on the deductions under Section 10B within four months. Case-Laws Income Tax Thu, 12 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393649