https://www.taxtmi.com/caselaws?id=286401 The Calcutta High Court dismissed the appeal filed by the appellant/revenue regarding the provision for an unidentified motor third party claim under section 115JB of the Income Tax Act, 1961. The Court upheld the importance of consistency in tax assessments and relied on previous decisions in favor of the assessee, stating there was no substantial ground to differ from the previous position of law. Additionally, the Court ruled in favor of the assessee in the deletion of a sum under section 14A read with 8D of the Income Tax Rule 1962, based on a previous order against the revenue. en-us Mon, 15 Sep 2014 00:00:00 +0530 Mon, 24 Feb 2020 18:08:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286401 The Calcutta High Court dismissed the appeal filed by the appellant/revenue regarding the provision for an unidentified motor third party claim under section 115JB of the Income Tax Act, 1961. The Court upheld the importance of consistency in tax assessments and relied on previous decisions in favor of the assessee, stating there was no substantial ground to differ from the previous position of law. Additionally, the Court ruled in favor of the assessee in the deletion of a sum under section 14A read with 8D of the Income Tax Rule 1962, based on a previous order against the revenue. Case-Laws Income Tax Mon, 15 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286401