https://www.taxtmi.com/caselaws?id=36089 The Court upheld the Tribunal's decision, rejecting the revenue's arguments on tax provisions and commercial principles. The assessee prevailed, and the Commissioner was ordered to cover the reference costs. The judgment emphasizes the treatment of cash receipts under tax laws, the discretion of appellate bodies in addressing new points, and the significance of factual inquiries in tax issues. en-us Tue, 19 Aug 1980 00:00:00 +0530 Fri, 19 Mar 2010 12:36:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36089 The Court upheld the Tribunal's decision, rejecting the revenue's arguments on tax provisions and commercial principles. The assessee prevailed, and the Commissioner was ordered to cover the reference costs. The judgment emphasizes the treatment of cash receipts under tax laws, the discretion of appellate bodies in addressing new points, and the significance of factual inquiries in tax issues. Case-Laws Income Tax Tue, 19 Aug 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36089