https://www.taxtmi.com/caselaws?id=461202 In penny stock appeals, the HC noted that an identical issue had already been decided in a connected batch of matters, and the parties accepted that the earlier ruling governed the present cases. Applying that binding earlier decision, the Court answered the substantial question of law in favour of the revenue and allowed the appeals. en-us Thu, 16 Jun 2022 00:00:00 +0530 Thu, 20 Mar 2025 19:03:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461202 In penny stock appeals, the HC noted that an identical issue had already been decided in a connected batch of matters, and the parties accepted that the earlier ruling governed the present cases. Applying that binding earlier decision, the Court answered the substantial question of law in favour of the revenue and allowed the appeals. Case-Laws Income Tax Thu, 16 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461202