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2010 (9) TMI 45 - DELHI HIGH COURTAccounting - The Tribunal directed the Assessing Officer to allow the revised claim of the assessee-company for deduction u/s 10B of the Act and treated revised return filed by the assesseee as valid. Held that - (i) Tribunal had held that once the new method by the assessee was found to be more scientific and appropriate, the bonafides of the assessee to adopt such a method could not be doubted merely because it was resulting into more benefits to it. (ii) the Tribunal had followed its own decision in the case of the assessee itself for the assessment year 2002-03 and deleted the addition of Rs. 47,84,365/-. There was no substantial question of law.
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