https://www.taxtmi.com/caselaws?id=370305 The court allowed the appeal, setting aside the Tribunal's decision and ruling in favor of the assessee regarding the taxation of freight paid to nonresident shipping companies. The court emphasized that a Larger Bench judgment had overruled a previous Division Bench judgment, clarifying the correct law on the matter. Consequently, the appeal was allowed with no order as to costs, as the other questions raised in the appeal were not pursued by the assessee. en-us Mon, 22 Oct 2018 00:00:00 +0530 Thu, 15 Nov 2018 07:26:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370305 The court allowed the appeal, setting aside the Tribunal's decision and ruling in favor of the assessee regarding the taxation of freight paid to nonresident shipping companies. The court emphasized that a Larger Bench judgment had overruled a previous Division Bench judgment, clarifying the correct law on the matter. Consequently, the appeal was allowed with no order as to costs, as the other questions raised in the appeal were not pursued by the assessee. Case-Laws Income Tax Mon, 22 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370305