https://www.taxtmi.com/caselaws?id=303084 The Tribunal allowed the applicant's claim for the assessment year 2007-08 under section 10(23C)(vi) of the Act, based on the overruling of a Full Bench decision by the Supreme Court. The Tribunal rectified the mistake apparent from the record and granted the deduction from a specific date. However, similar applications for earlier assessment years were dismissed due to non-compliance with statutory requirements. This case highlights the significance of legal precedents and the influence of higher court decisions on lower court judgments in tax disputes. en-us Tue, 05 Jun 2018 00:00:00 +0530 Sun, 03 Jul 2022 19:46:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303084 The Tribunal allowed the applicant's claim for the assessment year 2007-08 under section 10(23C)(vi) of the Act, based on the overruling of a Full Bench decision by the Supreme Court. The Tribunal rectified the mistake apparent from the record and granted the deduction from a specific date. However, similar applications for earlier assessment years were dismissed due to non-compliance with statutory requirements. This case highlights the significance of legal precedents and the influence of higher court decisions on lower court judgments in tax disputes. Case-Laws Income Tax Tue, 05 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303084