Mere filing of Review petition does not obliterate ratio laid down in judgment under review

Ganpati Zilla Krishi Audyogik Sar Seva Sahakari Society Ltd. Vs ITO (ITAT Pune) The contention of Ld. AR that a Review petition has been filed before the Hon’ble Supreme Court against the judgment in the case of CIT Vs Tasgaon SSK Ltd. (2019) 412 ITR 420 (SC) which is still pending and hence the decision thereon should be awaited, is of no consequence. Hundreds of orders have been passed by the Tribunal on this issue following the final judgment of the Hon’ble Supreme Court in the case of CIT Vs Tasgaon SSK Ltd. (supra). Mere filing of Review petition does not obliterate the ratio ...