https://www.taxtmi.com/caselaws?id=273775 The Supreme Court dismissed the civil appeals filed by the Department for Assessment Years 2003-2004 and 2002-2003, maintaining the classification of income as business income based on precedent from the previous assessment year. The decision was in line with the principle of consistency, as the Income Tax Appellate Tribunal and High Court had previously classified the income in question as business income for the Assessment Year 2001-2002. The dismissal of the appeals resulted in no order as to costs. en-us Tue, 04 Sep 2012 00:00:00 +0530 Mon, 06 Aug 2018 11:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273775 The Supreme Court dismissed the civil appeals filed by the Department for Assessment Years 2003-2004 and 2002-2003, maintaining the classification of income as business income based on precedent from the previous assessment year. The decision was in line with the principle of consistency, as the Income Tax Appellate Tribunal and High Court had previously classified the income in question as business income for the Assessment Year 2001-2002. The dismissal of the appeals resulted in no order as to costs. Case-Laws Income Tax Tue, 04 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273775