https://www.taxtmi.com/caselaws?id=32593 The respondent-assessee appealed the determination of its income tax liability for the assessment year 1988-89. The Commissioner of Income Tax (Appeals) allowed the appeal, granting the respondent-assessee a deduction under Section 80-I of the Income Tax Act, 1961. The Revenue appealed this decision to the Income Tax Appellate Tribunal (ITAT), which initially ruled against the respondent-assessee but later, upon reconsideration, upheld the entitlement to the deduction. Additionally, the court dismissed the Revenue's appeal based on the maintainability issue, finding that it did not meet the monetary limits set by the Central Board of Direct Taxes (CBDT) instructions under Section 268-A of the 1961 Act. en-us Thu, 26 Feb 2009 00:00:00 +0530 Sat, 14 Aug 2010 13:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32593 The respondent-assessee appealed the determination of its income tax liability for the assessment year 1988-89. The Commissioner of Income Tax (Appeals) allowed the appeal, granting the respondent-assessee a deduction under Section 80-I of the Income Tax Act, 1961. The Revenue appealed this decision to the Income Tax Appellate Tribunal (ITAT), which initially ruled against the respondent-assessee but later, upon reconsideration, upheld the entitlement to the deduction. Additionally, the court dismissed the Revenue's appeal based on the maintainability issue, finding that it did not meet the monetary limits set by the Central Board of Direct Taxes (CBDT) instructions under Section 268-A of the 1961 Act. Case-Laws Income Tax Thu, 26 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32593