https://www.taxtmi.com/caselaws?id=331848 The High Court affirmed the Tribunal's decision to remand the matter to the Assessing Officer for determining the taxability of an advanced license. The Court dismissed the revenue's appeal, emphasizing that income must be taxed in accordance with statutory provisions, not solely based on the assessee's classification. The Tribunal's approach was deemed appropriate for a thorough review, ensuring compliance with the law. en-us Tue, 26 Apr 2016 00:00:00 +0530 Tue, 01 Aug 2017 10:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331848 The High Court affirmed the Tribunal's decision to remand the matter to the Assessing Officer for determining the taxability of an advanced license. The Court dismissed the revenue's appeal, emphasizing that income must be taxed in accordance with statutory provisions, not solely based on the assessee's classification. The Tribunal's approach was deemed appropriate for a thorough review, ensuring compliance with the law. Case-Laws Income Tax Tue, 26 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331848