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Samsonite South Asia P.Ltd, Mumbai vs Dcit Cir 11(1)(2), Mumbai on 1 September, 2017

computation of the assessee with regard to purchase of capital assets was accepted by the Revenue in preceding assessment year as well as in subsequent assessment year. This proposition has not been disputed by the Revenue. In these circumstances we note that there is no change in the facts and circumstances of the case. No reason has been brought out by the authorities below as to why they are making deviation. There is no doubt that res judicata does not apply to taxation proceedings. Still Courts have uniformly held that unless there is a change in the facts or law, rule of consistency and uniformity needs to be adhered. This proposition was duly expounded by the Hon'ble Apex Court in Excel Industries Limited (supra) and Hon'ble jurisdictional High Court in the case of Gopal Purohit (supra).
Income Tax Appellate Tribunal - Mumbai Cites 11 - Cited by 0 - Full Document
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