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    <description>An appeal challenging an issue already covered by binding precedent could not succeed. The appellants accepted that the point raised had been answered against them in CIT v. Manjunatha Cotton and Ginning Factory, so the Court applied that earlier ruling and treated the issue as settled. On that basis, the issue was decided against the appellants and the appeal was dismissed.</description>
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      <description>An appeal challenging an issue already covered by binding precedent could not succeed. The appellants accepted that the point raised had been answered against them in CIT v. Manjunatha Cotton and Ginning Factory, so the Court applied that earlier ruling and treated the issue as settled. On that basis, the issue was decided against the appellants and the appeal was dismissed.</description>
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