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Income Tax - Highlights / Catch Notes

Home Highlights March 2015 Year 2015 This

Deduction of the losses - Having once accepted the decision of ...


Revenue Authority Cannot Contradict ITAT Decision in Similar Cases, Ensuring Consistent Legal Application in Nalwa Case.

March 26, 2015

Case Laws     Income Tax     HC

Deduction of the losses - Having once accepted the decision of the ITAT, in the same fact situation, - in fact in the same common order, the revenue cannot legitimately agitate a position contrary to the one it accepted in Nalwa - HC

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