https://www.taxtmi.com/caselaws?id=183417 The Revenue's appeal challenging the Income-tax Appellate Tribunal's order for the assessment year 2005-06 was dismissed. The Tribunal's decision was influenced by its previous order for the same assessee in the prior year and a court decision upholding the Tribunal's stance. The questions raised by the Revenue were found not to raise substantial legal issues. The judgment emphasized the importance of consistency in decisions and the proper assessment of profits and deductions under the Income-tax Act. en-us Wed, 24 Jun 2015 00:00:00 +0530 Wed, 08 Jun 2016 17:29:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183417 The Revenue's appeal challenging the Income-tax Appellate Tribunal's order for the assessment year 2005-06 was dismissed. The Tribunal's decision was influenced by its previous order for the same assessee in the prior year and a court decision upholding the Tribunal's stance. The questions raised by the Revenue were found not to raise substantial legal issues. The judgment emphasized the importance of consistency in decisions and the proper assessment of profits and deductions under the Income-tax Act. Case-Laws Income Tax Wed, 24 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183417