https://www.taxtmi.com/caselaws?id=337949 The High Court dismissed the appeal, ruling in favor of the assessee by supporting the non-inclusion of excise duty as income, as it was passed on to the Government Department. The decision emphasized the significance of legal precedents and settled laws in resolving tax disputes, rejecting challenges to the ITAT's interpretations and decisions on various issues related to income tax provisions and accounting treatments. en-us Thu, 12 Jan 2017 00:00:00 +0530 Thu, 19 Jan 2017 10:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337949 The High Court dismissed the appeal, ruling in favor of the assessee by supporting the non-inclusion of excise duty as income, as it was passed on to the Government Department. The decision emphasized the significance of legal precedents and settled laws in resolving tax disputes, rejecting challenges to the ITAT's interpretations and decisions on various issues related to income tax provisions and accounting treatments. Case-Laws Income Tax Thu, 12 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337949