https://www.taxtmi.com/caselaws?id=57653 The Tribunal held that the assessee was entitled to deduction under section 80HHC for the years 1991-92 onwards for cut and polished granite or processed granite for export. Pre-1991, granite being a mineral excluded the deduction. The reassessment proceedings for the assessment year 1990-91 were deemed valid, with the Tribunal upholding the Assessing Officer's adherence to legal procedures. The case was remanded for reassessment of deduction amounts based on goods exported, with earlier years requiring reevaluation in line with updated legal interpretations. The lower authorities' decisions were overturned, and the appeals were partially allowed for further review by the Assessing Officer. en-us Wed, 28 Feb 2001 00:00:00 +0530 Sat, 11 Dec 2010 13:26:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57653 The Tribunal held that the assessee was entitled to deduction under section 80HHC for the years 1991-92 onwards for cut and polished granite or processed granite for export. Pre-1991, granite being a mineral excluded the deduction. The reassessment proceedings for the assessment year 1990-91 were deemed valid, with the Tribunal upholding the Assessing Officer's adherence to legal procedures. The case was remanded for reassessment of deduction amounts based on goods exported, with earlier years requiring reevaluation in line with updated legal interpretations. The lower authorities' decisions were overturned, and the appeals were partially allowed for further review by the Assessing Officer. Case-Laws Income Tax Wed, 28 Feb 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57653