https://www.taxtmi.com/caselaws?id=62042 The Tribunal ruled in favor of the Revenue, upholding the Assessing Officer's computation of income from all three lorries under section 44AE for the assessment years 1995-96 and 1996-97. The decision emphasized the uniform tax treatment for all lorries owned by the assessee, rejecting the attempt to selectively apply section 44AE to different lorries based on age or other factors. Proper accounts were not maintained for any of the lorries, leading to the Tribunal setting aside the CIT (Appeals) decision and supporting the Revenue's position for consistent assessment under section 44AE. en-us Wed, 15 Dec 2004 00:00:00 +0530 Mon, 17 Jan 2011 18:08:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62042 The Tribunal ruled in favor of the Revenue, upholding the Assessing Officer's computation of income from all three lorries under section 44AE for the assessment years 1995-96 and 1996-97. The decision emphasized the uniform tax treatment for all lorries owned by the assessee, rejecting the attempt to selectively apply section 44AE to different lorries based on age or other factors. Proper accounts were not maintained for any of the lorries, leading to the Tribunal setting aside the CIT (Appeals) decision and supporting the Revenue's position for consistent assessment under section 44AE. Case-Laws Income Tax Wed, 15 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62042