https://www.taxtmi.com/caselaws?id=191409 The High Court of Bombay dismissed the appeal challenging the Income Tax Appellate Tribunal's order for Assessment Year 2007-08. The Court relied on precedents set in earlier judgments involving the same assessee and issue of abnormally high profits in the manufacturing business. As the matter had been previously settled in favor of the assessee, the Court found no new substantial question of law to consider, leading to the dismissal of the appeal without costs. en-us Wed, 30 Sep 2015 00:00:00 +0530 Mon, 03 Apr 2017 07:34:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191409 The High Court of Bombay dismissed the appeal challenging the Income Tax Appellate Tribunal's order for Assessment Year 2007-08. The Court relied on precedents set in earlier judgments involving the same assessee and issue of abnormally high profits in the manufacturing business. As the matter had been previously settled in favor of the assessee, the Court found no new substantial question of law to consider, leading to the dismissal of the appeal without costs. Case-Laws Income Tax Wed, 30 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191409