https://www.taxtmi.com/caselaws?id=25096 Earlier decisions on the same assessee and identical facts were followed because no distinguishing material was shown, so the assessee's status was treated as a Hindu undivided family. On the same reasoning, the ad interim payment was characterised as capital in nature rather than revenue receipt, and therefore not taxable in the assessee's hands. The stated ratio is that where identical issues concerning the same assessee have already been decided on the same facts, the earlier view may be applied unless the character of the receipt is shown to be different. en-us Fri, 29 Apr 1988 00:00:00 +0530 Mon, 25 Jan 2010 13:09:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25096 Earlier decisions on the same assessee and identical facts were followed because no distinguishing material was shown, so the assessee's status was treated as a Hindu undivided family. On the same reasoning, the ad interim payment was characterised as capital in nature rather than revenue receipt, and therefore not taxable in the assessee's hands. The stated ratio is that where identical issues concerning the same assessee have already been decided on the same facts, the earlier view may be applied unless the character of the receipt is shown to be different. Case-Laws Income Tax Fri, 29 Apr 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25096