https://www.taxtmi.com/caselaws?id=288301 Where a controversy is squarely covered by an earlier binding decision, the Court will follow that precedent and dispose of the matter accordingly. The appeal was allowed because the issue was already decided in favour of the Department in the earlier ruling, and the assessee's claim could not survive against that binding authority. The operative principle is that precedent governs where the legal issue is directly covered, and the Revenue succeeded on that basis. en-us Fri, 26 Mar 2010 00:00:00 +0530 Sat, 30 May 2020 16:05:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288301 Where a controversy is squarely covered by an earlier binding decision, the Court will follow that precedent and dispose of the matter accordingly. The appeal was allowed because the issue was already decided in favour of the Department in the earlier ruling, and the assessee's claim could not survive against that binding authority. The operative principle is that precedent governs where the legal issue is directly covered, and the Revenue succeeded on that basis. Case-Laws Income Tax Fri, 26 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288301