{"id":64929,"date":"2026-10-05T16:33:43","date_gmt":"2026-10-05T11:03:43","guid":{"rendered":"https:\/\/itatonline.org\/digest\/dipti-enterprises-v-adicp-2025-181-taxmann-com-10-bomhc\/"},"modified":"2026-10-05T16:33:43","modified_gmt":"2026-10-05T11:03:43","slug":"dipti-enterprises-v-adicp-2025-181-taxmann-com-10-bomhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dipti-enterprises-v-adicp-2025-181-taxmann-com-10-bomhc\/","title":{"rendered":"Dipti Enterprises v. ADICP [2025] 181 taxmann.com 10 (Bom)(HC)"},"content":{"rendered":"<p>Where assessee-firm\u2019s application under section 264 claimed that section 115JC could not be applied to its housing project, which was approved and completed prior to 1-4-2013, on the basis of the jurisdictional Tribunal decision in S.K. Ventures v. ITO, [IT Appeal No.1248 (Mum) 2018, dated 5-3-2019 \u00a0and Revenue rejected the application merely on the ground that the said decision was not acceptable to it, the High Court held that Revenue could not disregard a judicial precedent merely because it had been challenged before a superior Court; since the facts were identical, the ratio of <em>S.K. Ventures<\/em> was required to be followed and the matter was remanded for fresh consideration. (AY. 2020-21)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 264: Commissioner-Revision of other orders-Claim not made in return-Revisionary jurisdiction extends to such claim-Precedent-Binding nature of order of Tribunal-Revenue cannot disregard binding Tribunal precedent merely because it is challenged before a higher Court.[S. 80IB(10),115JC, Art. 226]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[21],"tags":[],"class_list":["post-64929","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-gTf","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/64929","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=64929"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/64929\/revisions"}],"predecessor-version":[{"id":64930,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/64929\/revisions\/64930"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=64929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=64929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=64929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}