https://www.taxtmi.com/caselaws?id=381171 The High Court dismissed the revenue's appeal concerning the interpretation of Section 254(2A) of the Income Tax Act, 1961. The Court relied on a previous judgment where a similar issue was deemed not to be a substantial question of law. Emphasizing the importance of legal precedents, the Court upheld consistency in legal interpretations and ruled that the questions raised did not qualify as substantial questions of law. The appeal was dismissed based on the precedent set by the earlier judgment, indicating that the matter was no longer open for debate. en-us Tue, 19 Mar 2019 00:00:00 +0530 Tue, 04 Jun 2019 17:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381171 The High Court dismissed the revenue's appeal concerning the interpretation of Section 254(2A) of the Income Tax Act, 1961. The Court relied on a previous judgment where a similar issue was deemed not to be a substantial question of law. Emphasizing the importance of legal precedents, the Court upheld consistency in legal interpretations and ruled that the questions raised did not qualify as substantial questions of law. The appeal was dismissed based on the precedent set by the earlier judgment, indicating that the matter was no longer open for debate. Case-Laws Income Tax Tue, 19 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381171