https://www.taxtmi.com/caselaws?id=253541 The Tax Appeal challenging the judgment and order of the Income Tax Appellate Tribunal was dismissed by the Gujarat High Court. The Court upheld the Tribunal's decision to grant the benefit of earlier years' orders to the assessee, specifically regarding the issue of notional interest attributable to investment in shares. The High Court found no irregularity in the Tribunal's decision, affirming the legality and consistency of applying previous decisions in favor of the assessee. en-us Mon, 17 Nov 2014 00:00:00 +0530 Thu, 27 Nov 2014 13:20:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253541 The Tax Appeal challenging the judgment and order of the Income Tax Appellate Tribunal was dismissed by the Gujarat High Court. The Court upheld the Tribunal's decision to grant the benefit of earlier years' orders to the assessee, specifically regarding the issue of notional interest attributable to investment in shares. The High Court found no irregularity in the Tribunal's decision, affirming the legality and consistency of applying previous decisions in favor of the assessee. Case-Laws Income Tax Mon, 17 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253541