https://www.taxtmi.com/caselaws?id=384042 The Tribunal upheld the classification of repetitive transactions as business income for the relevant assessment years, citing systematic and organized nature. It rejected contentions regarding the doctrine of res judicata, emphasizing the ability to depart from previous decisions. The Tribunal also ruled that the principle of uniformity and consistency was not violated and affirmed its power limitations under section 254(2) of the Act, dismissing the applications for review as lacking merit. en-us Tue, 23 Jul 2019 00:00:00 +0530 Sat, 03 Aug 2019 11:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384042 The Tribunal upheld the classification of repetitive transactions as business income for the relevant assessment years, citing systematic and organized nature. It rejected contentions regarding the doctrine of res judicata, emphasizing the ability to depart from previous decisions. The Tribunal also ruled that the principle of uniformity and consistency was not violated and affirmed its power limitations under section 254(2) of the Act, dismissing the applications for review as lacking merit. Case-Laws Income Tax Tue, 23 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384042