https://www.taxtmi.com/caselaws?id=179195 The HC held that no substantial question of law arose because the Tribunal's findings were founded on the binding Supreme Court precedent in CIT v. Gem India Manufacturing Co. The Court found no legal error in the Tribunal's application of that authority and concluded that its conclusions could not be faulted on the facts or law presented. As the Tribunal had correctly followed controlling precedent and no demonstrable basis for interference was shown, the appeal was dismissed for want of any substantial question of law. en-us Thu, 17 Sep 2009 00:00:00 +0530 Mon, 22 Feb 2016 18:42:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179195 The HC held that no substantial question of law arose because the Tribunal's findings were founded on the binding Supreme Court precedent in CIT v. Gem India Manufacturing Co. The Court found no legal error in the Tribunal's application of that authority and concluded that its conclusions could not be faulted on the facts or law presented. As the Tribunal had correctly followed controlling precedent and no demonstrable basis for interference was shown, the appeal was dismissed for want of any substantial question of law. Case-Laws Income Tax Thu, 17 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179195