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 deduction and ensure better compliance. Reference to the expression „multiple claims of deduction‟ would be with r...