https://www.taxtmi.com/caselaws?id=294568 The Tribunal allowed the appeal, setting aside the CIT's order under Section 263 of the Income Tax Act, 1961. The delay in filing the appeal was condoned due to a bona fide belief. The Tribunal held that the assessing officer's computation of deduction under Sections 80HHC and 80-IB was not erroneous. The assessing officer's view was considered reasonable, leading to the restoration of the assessing officer's order and rejection of the CIT's order. en-us Fri, 30 Jan 2009 00:00:00 +0530 Wed, 21 Apr 2021 09:43:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294568 The Tribunal allowed the appeal, setting aside the CIT's order under Section 263 of the Income Tax Act, 1961. The delay in filing the appeal was condoned due to a bona fide belief. The Tribunal held that the assessing officer's computation of deduction under Sections 80HHC and 80-IB was not erroneous. The assessing officer's view was considered reasonable, leading to the restoration of the assessing officer's order and rejection of the CIT's order. Case-Laws Income Tax Fri, 30 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294568