No stipulation in amended section 80A(5) restricting assessee from revising deduction

PCIT Vs Ms. Oracle (OFSS) BPO Services Ltd (Delhi High Court)

Conclusion: Amended 80A (5) could not be read as a stipulation barring and restricting the assessee from revising the computation/claim for deduction made in accordance with Section 80A (5).

Held: The issue for determination was whether the ITAT was right in revising the computation of deduction under Section 10A and 80(5). Held: The objective behind the amendment in section 80A (5) was to defeat multiple claims of deducti

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