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<h1>Karnataka HC Dismisses Revenue's Appeal for AY 2014-2015, Upholds Prior Ruling Favoring Assessee Over Revenue.</h1> <h3>PR. COMMISSIONER OF INCOME TAX-7, THE ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-4 (3) (1) BENGALURU Versus M/s S.N. BUILDERS AND DEVELOPERS</h3> PR. COMMISSIONER OF INCOME TAX-7, THE ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-4 (3) (1) BENGALURU Versus M/s S.N. BUILDERS AND DEVELOPERS - TMI The High Court of Karnataka dismissed the Revenue's appeal challenging the order dated 27th September, 2019 in ITA No.106/Bang/2019 for the Assessment Year 2014-2015. The court held that the questions of law raised by the Revenue were covered against them by previous decisions. The appeal was dismissed, and the questions of law were answered in favor of the assessee and against the Revenue.