https://www.taxtmi.com/caselaws?id=203756 The court ruled in favor of the revenue in an appeal under the Income Tax Act, remanding the matters to the Tribunal for a fresh decision due to the absence of required committee approval. The Tribunal's decision dismissing the appeal was overturned, emphasizing the importance of legal compliance and adherence to precedents set by the Supreme Court. The case also involved disputes over Minimum Alternative Tax assessments, with the court ultimately directing the parties to reappear before the Tribunal for further proceedings in accordance with the law. en-us Mon, 28 Feb 2011 00:00:00 +0530 Fri, 17 Jun 2011 02:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203756 The court ruled in favor of the revenue in an appeal under the Income Tax Act, remanding the matters to the Tribunal for a fresh decision due to the absence of required committee approval. The Tribunal's decision dismissing the appeal was overturned, emphasizing the importance of legal compliance and adherence to precedents set by the Supreme Court. The case also involved disputes over Minimum Alternative Tax assessments, with the court ultimately directing the parties to reappear before the Tribunal for further proceedings in accordance with the law. Case-Laws Income Tax Mon, 28 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203756