https://www.taxtmi.com/caselaws?id=402238 The Tribunal upheld the Assessee's claim for deduction under Section 10B for AY 2009-10 but remanded the matter for revaluation of crude ore. The Revenue's Miscellaneous Applications seeking rectification were dismissed. For AY 2010-11, the Tribunal remanded the deduction issue back to the CIT(A) due to new evidences. The Tribunal directed the computation of deduction based on market value of crude ore. New evidences found during a survey were deemed admissible for AY 2010-11. The Tribunal confirmed the timeliness of the Miscellaneous Application under Section 254(2) and dismissed it, stating that reviewing its own order is impermissible. en-us Thu, 24 Dec 2020 00:00:00 +0530 Sat, 26 Dec 2020 11:41:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402238 The Tribunal upheld the Assessee's claim for deduction under Section 10B for AY 2009-10 but remanded the matter for revaluation of crude ore. The Revenue's Miscellaneous Applications seeking rectification were dismissed. For AY 2010-11, the Tribunal remanded the deduction issue back to the CIT(A) due to new evidences. The Tribunal directed the computation of deduction based on market value of crude ore. New evidences found during a survey were deemed admissible for AY 2010-11. The Tribunal confirmed the timeliness of the Miscellaneous Application under Section 254(2) and dismissed it, stating that reviewing its own order is impermissible. Case-Laws Income Tax Thu, 24 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402238