https://www.taxtmi.com/caselaws?id=418443 The Tribunal ruled in favor of the appellant, directing the AO to grant the deduction claimed under Chapter-VIA for the impugned Assessment Year. The decision emphasized the rectifiability of errors under section 154 and the appellant's compliance with relevant provisions for claiming deductions under the Income Tax Act. The consistent allowance of deductions in similar circumstances supported the finding that the denial of deduction was a computational mistake, leading to the Tribunal setting aside the CIT(A)'s decision and allowing the appeal. en-us Mon, 07 Feb 2022 00:00:00 +0530 Fri, 08 Jul 2022 11:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418443 The Tribunal ruled in favor of the appellant, directing the AO to grant the deduction claimed under Chapter-VIA for the impugned Assessment Year. The decision emphasized the rectifiability of errors under section 154 and the appellant's compliance with relevant provisions for claiming deductions under the Income Tax Act. The consistent allowance of deductions in similar circumstances supported the finding that the denial of deduction was a computational mistake, leading to the Tribunal setting aside the CIT(A)'s decision and allowing the appeal. Case-Laws Income Tax Mon, 07 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418443