https://www.taxtmi.com/caselaws?id=293706 The Tribunal accepted the assessee's application under Section 158A of the Income-tax Act, noting the similarity of legal issues pending before the High Court. The Tribunal set aside lower authorities' orders, directing the Assessing Officer to follow the High Court's decision on related matters. Emphasizing the aim of Section 158A to prevent multiple proceedings and conflicting decisions, the Tribunal instructed the assessee to align with the High Court's judgment for all relevant assessment years. Consequently, the appeals were allowed for statistical purposes, promoting consistency and efficiency in tax dispute resolution. en-us Fri, 09 Mar 2018 00:00:00 +0530 Fri, 26 Feb 2021 09:39:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293706 The Tribunal accepted the assessee's application under Section 158A of the Income-tax Act, noting the similarity of legal issues pending before the High Court. The Tribunal set aside lower authorities' orders, directing the Assessing Officer to follow the High Court's decision on related matters. Emphasizing the aim of Section 158A to prevent multiple proceedings and conflicting decisions, the Tribunal instructed the assessee to align with the High Court's judgment for all relevant assessment years. Consequently, the appeals were allowed for statistical purposes, promoting consistency and efficiency in tax dispute resolution. Case-Laws Income Tax Fri, 09 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293706