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Follow High Court Rulings Favoring Assessee in Income Tax Cases for Consistency, Unless Jurisdictional Court Rules Otherwise.

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Full Text of the Document

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....Judicial propriety - it is judicially correct to follow the decisions of Hon’ble High Courts, which are in favour of the assessee; despite there being decisions contrary by other High Courts; when there is no decision of the jurisdictional High Court against the assessee.....