https://www.taxtmi.com/caselaws?id=394489 The Tribunal directed the Assessing Officer to grant the deduction under section 10AA before setting off any remaining profit and reexamine the levy of interest under section 234D after allowing the assessee an opportunity to be heard, partly allowing the appeal for statistical purposes. This judgment emphasizes the correct sequence of deductions under section 10AA and the importance of complying with statutory provisions in tax computations and interest levies, ensuring fair treatment for taxpayers in assessment proceedings. en-us Fri, 31 Jan 2020 00:00:00 +0530 Mon, 13 Apr 2020 17:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394489 The Tribunal directed the Assessing Officer to grant the deduction under section 10AA before setting off any remaining profit and reexamine the levy of interest under section 234D after allowing the assessee an opportunity to be heard, partly allowing the appeal for statistical purposes. This judgment emphasizes the correct sequence of deductions under section 10AA and the importance of complying with statutory provisions in tax computations and interest levies, ensuring fair treatment for taxpayers in assessment proceedings. Case-Laws Income Tax Fri, 31 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394489