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Tax Commissioner's Revision u/s 263 Overturned; Assessment on Section 80-IC Deductions Quashed as Jurisdiction Lacked.
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....Revision u/s 263 - deduction claimed u/s 80-IC - gain from exchange fluctuation - gain on account of unclaimed balance - nature of Insurance claim and export incentives - the action of Ld. Pr. CIT was without jurisdiction and all subsequent actions are 'null' in the eyes of law - order quashed.....
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