https://www.taxtmi.com/highlights?id=5015 The argument that the AAR erred in not following a so called past practice is unpersuasive as no practice, without its roots in the law, but based on an unchallenged understanding can be pursued, holding otherwise would be creating an estoppel against a statute - thus AAR was correct in rejecting the application for ruling. - HC en-us Wed, 29 Aug 2012 21:23:06 +0530 Wed, 29 Aug 2012 21:23:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=5015 The argument that the AAR erred in not following a so called past practice is unpersuasive as no practice, without its roots in the law, but based on an unchallenged understanding can be pursued, holding otherwise would be creating an estoppel against a statute - thus AAR was correct in rejecting the application for ruling. - HC Highlights Income Tax Wed, 29 Aug 2012 21:23:06 +0530 https://www.taxtmi.com/highlights?id=5015