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Income Tax

Tribunal cannot differ from its own decisions In case of same Assessee

Case Law Details

Case Name
Omega Investments and Properties Ltd. Vs CIT (Bombay High Court)
Date of Judgement/Order
Only available for paid members
Related Assessment Year
2007-2008
Advertisement Omega Investments and Properties Ltd Vs CIT (Bombay High Court) HELD THAT – Tribunal cannot differ from earlier order of Tribunal in assessee’s own case and follow the order of Tribunal in another assessee. BRIEF FACTS: 1. The Assessee had undertaken a Slum Rehabilitation Project at Parel, Mumbai, namely “Kingston Tower”. According to the Assessee, the project was initially approved by the Slum Rehabilitation Authority on 7 October 2002. However, due to issues regarding F.S.I., the Assessee filed an amended plan, which was approved subsequently, and a Letter of...
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Author Info

FCS Deepak P. Singh
Qualification: CS
Company: SBI GENERAL INSURANCE COMPANY LIMITED
Location: MUMBAI, Maharashtra
Articles Published: 442

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