https://www.taxtmi.com/caselaws?id=33210 In MAT computation under Section 115JA, deduction under Section 80HHC was to be worked out with reference to adjusted book profit, following the Court's earlier ruling on the same issue. The Assessing Officer's adoption of that view could not be treated as erroneous merely because the Commissioner preferred another interpretation. Since the assessment order reflected a legally sustainable view, revision under Section 263 was not justified and the Commissioner's interference was held unsustainable. The Revenue challenge therefore failed. en-us Thu, 16 Apr 2009 00:00:00 +0530 Mon, 27 Apr 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33210 In MAT computation under Section 115JA, deduction under Section 80HHC was to be worked out with reference to adjusted book profit, following the Court's earlier ruling on the same issue. The Assessing Officer's adoption of that view could not be treated as erroneous merely because the Commissioner preferred another interpretation. Since the assessment order reflected a legally sustainable view, revision under Section 263 was not justified and the Commissioner's interference was held unsustainable. The Revenue challenge therefore failed. Case-Laws Income Tax Thu, 16 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33210