https://www.taxtmi.com/caselaws?id=252050 The High Court dismissed the Revenue's appeal, stating that no substantial question of law arose in the case. They found that the assessing officer's actions were premature, and the issue of benefit accrual due to demutualization was not substantiated. The Court emphasized that the appeal was not warranted, as no larger legal questions needed to be addressed in the circumstances of the case. en-us Fri, 19 Sep 2014 00:00:00 +0530 Thu, 09 Oct 2014 08:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252050 The High Court dismissed the Revenue's appeal, stating that no substantial question of law arose in the case. They found that the assessing officer's actions were premature, and the issue of benefit accrual due to demutualization was not substantiated. The Court emphasized that the appeal was not warranted, as no larger legal questions needed to be addressed in the circumstances of the case. Case-Laws Income Tax Fri, 19 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252050