https://www.taxtmi.com/caselaws?id=28410 The High Court allowed the petition by M/s. J.K. Synthetics Limited for a refund of tax paid under a mistake of law for the assessment year 1970-71. The court quashed orders based on an invalid rule, directing re-computation of benefits under s. 80J of the Income Tax Act. Emphasizing the importance of rectifying errors, the court upheld the principle of refund under a mistake of law, granting the petitioner relief and costs. en-us Tue, 18 Jan 1983 00:00:00 +0530 Mon, 22 Feb 2010 12:54:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28410 The High Court allowed the petition by M/s. J.K. Synthetics Limited for a refund of tax paid under a mistake of law for the assessment year 1970-71. The court quashed orders based on an invalid rule, directing re-computation of benefits under s. 80J of the Income Tax Act. Emphasizing the importance of rectifying errors, the court upheld the principle of refund under a mistake of law, granting the petitioner relief and costs. Case-Laws Income Tax Tue, 18 Jan 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28410