https://www.taxtmi.com/caselaws?id=759139 Tribunal's allowance of a deduction claimed under export promotion law was upheld because it followed binding coordinate-bench precedent; Revenue failed to show error in that reliance, so the deduction disallowance was answered against Revenue. Separately, assessments cannot proceed under regular assessment procedure when material originates from a search; reliance on search-obtained material requires initiation and completion of search-based assessment procedures, including applicable provisions for the person searched and other affected persons, and non-compliance with that procedure renders the regular assessment impermissible. Decision favoured the assessee and negated the Revenue's actions. en-us Fri, 20 Sep 2024 00:00:00 +0530 Mon, 09 Feb 2026 11:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759139 Tribunal's allowance of a deduction claimed under export promotion law was upheld because it followed binding coordinate-bench precedent; Revenue failed to show error in that reliance, so the deduction disallowance was answered against Revenue. Separately, assessments cannot proceed under regular assessment procedure when material originates from a search; reliance on search-obtained material requires initiation and completion of search-based assessment procedures, including applicable provisions for the person searched and other affected persons, and non-compliance with that procedure renders the regular assessment impermissible. Decision favoured the assessee and negated the Revenue's actions. Case-Laws Income Tax Fri, 20 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759139