https://www.taxtmi.com/caselaws?id=60603 The Tribunal upheld the CIT's order, confirming the CIT's jurisdiction under Section 263 despite the ITO's prior action under Section 154. It clarified that Sections 80HHC, 80A(2), and 80VVA interact to limit deductions to the gross total income and restrict the carry forward of unabsorbed deductions. The Tribunal directed the correct computation of deductions under these sections, dismissing the assessee's appeal and upholding the CIT's modifications to the assessment order. en-us Tue, 27 Mar 1990 00:00:00 +0530 Fri, 07 Jan 2011 11:39:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60603 The Tribunal upheld the CIT's order, confirming the CIT's jurisdiction under Section 263 despite the ITO's prior action under Section 154. It clarified that Sections 80HHC, 80A(2), and 80VVA interact to limit deductions to the gross total income and restrict the carry forward of unabsorbed deductions. The Tribunal directed the correct computation of deductions under these sections, dismissing the assessee's appeal and upholding the CIT's modifications to the assessment order. Case-Laws Income Tax Tue, 27 Mar 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60603