https://www.taxtmi.com/caselaws?id=152695 The High Court dismissed the appeal, finding no substantial question of law in the issues raised regarding the treatment of advance rent as the cost of acquisition of tenancy rights and the Tribunal's decision to remand the case for further adjudication. The court emphasized the binding nature of Supreme Court judgments on lower authorities and upheld the Tribunal's decision to refer the matter back to the Assessing Officer for fresh determination. en-us Wed, 10 Dec 2008 00:00:00 +0530 Fri, 21 Nov 2014 15:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152695 The High Court dismissed the appeal, finding no substantial question of law in the issues raised regarding the treatment of advance rent as the cost of acquisition of tenancy rights and the Tribunal's decision to remand the case for further adjudication. The court emphasized the binding nature of Supreme Court judgments on lower authorities and upheld the Tribunal's decision to refer the matter back to the Assessing Officer for fresh determination. Case-Laws Income Tax Wed, 10 Dec 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152695