https://www.taxtmi.com/caselaws?id=24840 The High Court upheld the Tribunal's direction to the Income-tax Officer to allow deductions under sections 80-I and 80J based on the assessee's claim during reassessment. It clarified that section 80AA does not apply to these deductions and endorsed the principles from the Supreme Court decision in Rajapalayam Mills Ltd. The Court affirmed that the assessee can claim benefits during reassessment even if not initially claimed, emphasizing that technicalities should not hinder eligible claims. The ruling favored the assessee without costs. en-us Tue, 02 Aug 1988 00:00:00 +0530 Fri, 22 Jan 2010 16:49:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24840 The High Court upheld the Tribunal's direction to the Income-tax Officer to allow deductions under sections 80-I and 80J based on the assessee's claim during reassessment. It clarified that section 80AA does not apply to these deductions and endorsed the principles from the Supreme Court decision in Rajapalayam Mills Ltd. The Court affirmed that the assessee can claim benefits during reassessment even if not initially claimed, emphasizing that technicalities should not hinder eligible claims. The ruling favored the assessee without costs. Case-Laws Income Tax Tue, 02 Aug 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24840