https://www.taxtmi.com/caselaws?id=355925 The Tribunal allowed the assessee's appeal and dismissed the Revenue's appeal. The decision was based on the non-applicability of Section 44BBB to the assessee's income and the unjustified reopening of assessment under Section 147. The judgment emphasized the significance of following legal precedents and appellate decisions in maintaining judicial discipline and ensuring fair treatment in tax assessments. en-us Fri, 16 Feb 2018 00:00:00 +0530 Wed, 21 Feb 2018 06:29:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355925 The Tribunal allowed the assessee's appeal and dismissed the Revenue's appeal. The decision was based on the non-applicability of Section 44BBB to the assessee's income and the unjustified reopening of assessment under Section 147. The judgment emphasized the significance of following legal precedents and appellate decisions in maintaining judicial discipline and ensuring fair treatment in tax assessments. Case-Laws Income Tax Fri, 16 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355925