Matters decided in assessee’s own case are best precedents

DCIT Vs Daawat Foods Ltd. (ITAT Delhi) Conclusion : In present facts of the case, there were issues pertaining to disallowance under Section 40A(3); disallowance u/s 14A read with Rule 8D; short deduction of TDS u/s 40(a)(ia); undisclosed sales/difference in stock valuations and deduction u/s 80IB (11A) of the Income Tax Act, 1961. All these issues have gone into the favour of the Appellant/ Assessee, most of them were covered by the Assessee’s own previous case serving best precedents. Held : The first main point in the present case was pertaining to disallowance under Section 40A(3), where...