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2014 (10) TMI 534 - HC - Income TaxRectification of order u/s 154 – Scope of term mistake apparent from the record - Examination of claim of deduction u/s 80HHC, 80IB – Business of manufacturing and trading of garments made up and cloth - Held that:- Deduction u/s 80HHC of the Act was not allowed correctly as according to Section 80IA (9) of the Act, deduction allowable u/s 80IB of the Act was required to be reduced from the profit of business for computing deduction under Section 80HHC of the Act - Since the mistake was found to be apparent from record, notice u/s 154 of the Act was issued to the assessee and the order of rectification was passed, which was upheld by the CIT(A) and the Tribunal – following the decision in Commissioner of Income Tax. Versus Smt. Aruna Luthra [2001 (8) TMI 84 - PUNJAB AND HARYANA High Court] with regard to rectification of mistake apparent on record, assessee has not been able to show any illegality or perversity in the order of the Tribunal – thus, no substantial question of law arises for consideration – Decided against assessee.
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