https://www.taxtmi.com/caselaws?id=461185 The note states that prospecting expenditure was treated as falling outside deduction under Section 37 and within the limited relief framework of Section 35E, because the same treatment had already been accepted for an earlier assessment year and no departure was justified. It further states that relief under Section 80IA in respect of the 650 TPD kiln was also declined on the same covered-by-prior-year basis, with no independent reason to take a different view. The stated principle is that where identical tax issues have already been decided for an earlier year and accepted by the assessee, the same position may be applied consistently in a later year. en-us Mon, 09 Dec 2024 00:00:00 +0530 Wed, 19 Mar 2025 18:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461185 The note states that prospecting expenditure was treated as falling outside deduction under Section 37 and within the limited relief framework of Section 35E, because the same treatment had already been accepted for an earlier assessment year and no departure was justified. It further states that relief under Section 80IA in respect of the 650 TPD kiln was also declined on the same covered-by-prior-year basis, with no independent reason to take a different view. The stated principle is that where identical tax issues have already been decided for an earlier year and accepted by the assessee, the same position may be applied consistently in a later year. Case-Laws Income Tax Mon, 09 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461185