It is a settled proposition of law that a co-ordinate Bench of the Tribunal is required to follow the earlier decisions and in case there is a difference of opinion, the matter may be referred to a larger Bench. (AY. 2007-08 to 2011-12)
Marmon Food and Beverage Technologies India (P.) Ltd. v. ITO (2021)435 ITR 327 / 205 DTR 153/ 323 CTR 455(Karn.)(HC) CIT v. GE India Technology Centre Pvt. Ltd. (2021) 435 ITR 327 / 205 DTR 153 /323 CTR 455(Karn.)(HC)
S. 254(1) : Appellate Tribunal-Duties-Tribunal has to follow decision of Co-ordinate Bench. [S. 10B]