This document provides a detailed review of the appeal by Madhur Buildcom Private Limited against the order of the Commissioner of Income-tax (Appeals)-29, New Delhi, for the assessment year 2012-13, under ITA No. 209/DEL/2021.
The appeal was part of a series involving multiple assessment years, all heard together due to their similarities. The cases addressed similar issues tied to previous rulings that affected Madhur Buildcom Pvt. Ltd.
Based on a prior tribunal order from January 2022, which set a precedent involving similar facts and parties, the tribunal directed the Assessing Officer (AO) to delete the impugned additions for the years in question, thus allowing all the appeals by the assessee.
This ruling underscores the tribunal’s adherence to consistency and precedence in tax appeal decisions, reinforcing the importance of previous tribunal decisions in guiding similar cases.
The resolution of Madhur Buildcom’s appeals demonstrates the crucial role of judicial precedent in ensuring consistent application of the law. It highlights how prior tribunal decisions can influence the outcomes of similar disputes, benefiting appellants with similar facts and issues.
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