https://www.taxtmi.com/caselaws?id=401778 The High Court of Karnataka ruled in favor of the assessee, holding that the Tribunal's decision to remand the matter for computation of deduction under section 35(1)(iv) of the Income Tax Act could not be acted upon after setting aside the reassessment order. Consequently, the Court disposed of the appeal based on this resolution, addressing the issues raised by the appellant and finding in favor of the assessee. en-us Tue, 08 Dec 2020 00:00:00 +0530 Wed, 16 Dec 2020 11:55:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401778 The High Court of Karnataka ruled in favor of the assessee, holding that the Tribunal's decision to remand the matter for computation of deduction under section 35(1)(iv) of the Income Tax Act could not be acted upon after setting aside the reassessment order. Consequently, the Court disposed of the appeal based on this resolution, addressing the issues raised by the appellant and finding in favor of the assessee. Case-Laws Income Tax Tue, 08 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401778