https://www.taxtmi.com/caselaws?id=371000 The High Court initially rejected the appeals based on a previous judgment but reconsidered after a Supreme Court decision aligned with most High Courts. The subsequent Supreme Court judgment allowed the claim of the assessee, emphasizing the prospective application of Section 11(6) of the Income Tax Act from 2015-2016. As the assessment years were before this period, the appeals were allowed in favor of the assessee, with no costs imposed. en-us Sun, 25 Nov 2018 00:00:00 +0530 Tue, 27 Nov 2018 06:40:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371000 The High Court initially rejected the appeals based on a previous judgment but reconsidered after a Supreme Court decision aligned with most High Courts. The subsequent Supreme Court judgment allowed the claim of the assessee, emphasizing the prospective application of Section 11(6) of the Income Tax Act from 2015-2016. As the assessment years were before this period, the appeals were allowed in favor of the assessee, with no costs imposed. Case-Laws Income Tax Sun, 25 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371000