https://www.taxtmi.com/caselaws?id=400171 The High Court held that the earlier decision followed by the Tribunal on deduction u/s. 80P of the I.T. Act was not good law, requiring an inquiry by the Assessing Officer. The Tribunal dismissed the Revenue's Miscellaneous Petitions as they were filed beyond the statutory time limit of six months, emphasizing adherence to statutory timelines for seeking order recall or rectification. The Tribunal lacked authority to disturb the orders due to the lapse of the prescribed period, ultimately upholding the principle of statutory time limits. en-us Fri, 23 Oct 2020 00:00:00 +0530 Fri, 30 Oct 2020 10:48:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400171 The High Court held that the earlier decision followed by the Tribunal on deduction u/s. 80P of the I.T. Act was not good law, requiring an inquiry by the Assessing Officer. The Tribunal dismissed the Revenue's Miscellaneous Petitions as they were filed beyond the statutory time limit of six months, emphasizing adherence to statutory timelines for seeking order recall or rectification. The Tribunal lacked authority to disturb the orders due to the lapse of the prescribed period, ultimately upholding the principle of statutory time limits. Case-Laws Income Tax Fri, 23 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400171