https://www.taxtmi.com/caselaws?id=277058 The High Court dismissed the appeal challenging the Income Tax Appellate Tribunal's decision regarding the similarity of services provided by the assessee to merchant banking activities for Assessment Year 2007-2008. The court upheld the Tribunal's decision based on consistency with a previous judgment involving the same assessee for the preceding assessment year. The court emphasized the importance of establishing substantial questions of law and presenting compelling arguments supported by evidence for a review of previous decisions. The principle of stare decisis was highlighted, emphasizing the significance of consistency in legal rulings. en-us Fri, 15 Jul 2016 00:00:00 +0530 Thu, 22 Nov 2018 21:20:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277058 The High Court dismissed the appeal challenging the Income Tax Appellate Tribunal's decision regarding the similarity of services provided by the assessee to merchant banking activities for Assessment Year 2007-2008. The court upheld the Tribunal's decision based on consistency with a previous judgment involving the same assessee for the preceding assessment year. The court emphasized the importance of establishing substantial questions of law and presenting compelling arguments supported by evidence for a review of previous decisions. The principle of stare decisis was highlighted, emphasizing the significance of consistency in legal rulings. Case-Laws Income Tax Fri, 15 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277058