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2005 (1) TMI 67 - PUNJAB AND HARYANA HIGH COURTAppellant-exporter of cut and processed granite and wanted the benefit of section 80HHC claiming that the processed granite is not mineral excluded from the benefit of section 80HHC - apex court also dismissed the appeal of assessee holding that up to April 1, 1991, the provision of section 80HHC restricted the benefit to goods other than minerals and ores and this benefit was prospectively made available to cut and polished minerals with effect from April 1,1991, due to the amendment of the section in that year – SO we hold that the benefit of the amendment made in section 80HHC by the Finance (No. 2) Act of 1991, could not have been extended to the assessee in relation to the assessment year 1984-85 – Whether, Tribunal was right in law in holding that the question of deduction under section 80HHC, was a debatable issue and could not be rectified under section 154?" - Held that the order passed by the Assessing Officer to rectify the mistake committed earlier by allowing deduction to the assessee on the basis of the amended section 80HHC does not suffer from any legal infirmity.
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