https://www.taxtmi.com/caselaws?id=237454 The High Court of Bombay upheld the Tribunal's decision in a tax case regarding the adoption of the cost inflation index base year, interpretation of Section 48 of the Income Tax Act, and reliance on previous court decisions. The Court affirmed the importance of legal precedents and consistency in tax law interpretation, dismissing the Revenue's appeal without costs. en-us Tue, 20 Aug 2013 00:00:00 +0530 Sat, 28 Sep 2013 06:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237454 The High Court of Bombay upheld the Tribunal's decision in a tax case regarding the adoption of the cost inflation index base year, interpretation of Section 48 of the Income Tax Act, and reliance on previous court decisions. The Court affirmed the importance of legal precedents and consistency in tax law interpretation, dismissing the Revenue's appeal without costs. Case-Laws Income Tax Tue, 20 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237454