https://www.taxtmi.com/caselaws?id=59659 The Tribunal concluded that the AO's assessment order was neither erroneous nor prejudicial to the interest of Revenue. Consequently, the CIT's order under s. 263 was quashed. The appeal filed by the assessee was allowed, reinforcing the necessity for sustainable legal interpretations, particularly concerning the treatment of DEPB entitlements under s. 80HHC. en-us Wed, 02 Feb 2005 00:00:00 +0530 Mon, 10 Jun 2024 16:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59659 The Tribunal concluded that the AO's assessment order was neither erroneous nor prejudicial to the interest of Revenue. Consequently, the CIT's order under s. 263 was quashed. The appeal filed by the assessee was allowed, reinforcing the necessity for sustainable legal interpretations, particularly concerning the treatment of DEPB entitlements under s. 80HHC. Case-Laws Income Tax Wed, 02 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59659