https://www.taxtmi.com/caselaws?id=55395 The Tribunal held that the Assessing Officer exceeded his powers by invoking section 154 to rectify the deduction under section 80-IB due to depreciation not claimed by the assessee. It was determined that such adjustments altering the returned income were beyond the scope of section 143(1). The Tribunal emphasized that actions prohibited directly by law cannot be achieved indirectly, referencing various judicial precedents. Consequently, the orders of the CIT(A) and Assessing Officer were vacated, and the appeals of the assessee were allowed, without addressing other issues raised in the case. en-us Fri, 16 Dec 2005 00:00:00 +0530 Fri, 26 Nov 2010 17:57:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55395 The Tribunal held that the Assessing Officer exceeded his powers by invoking section 154 to rectify the deduction under section 80-IB due to depreciation not claimed by the assessee. It was determined that such adjustments altering the returned income were beyond the scope of section 143(1). The Tribunal emphasized that actions prohibited directly by law cannot be achieved indirectly, referencing various judicial precedents. Consequently, the orders of the CIT(A) and Assessing Officer were vacated, and the appeals of the assessee were allowed, without addressing other issues raised in the case. Case-Laws Income Tax Fri, 16 Dec 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55395