Supreme Court Reverses High Court's Ruling on Promissory Estoppel The Supreme Court allowed the appeal, overturning the Bombay High Court's judgment in favor of the assessee on promissory estoppel in a tax matter. The ...
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Supreme Court Reverses High Court's Ruling on Promissory Estoppel
The Supreme Court allowed the appeal, overturning the Bombay High Court's judgment in favor of the assessee on promissory estoppel in a tax matter. The Court reinstated the Single Bench's decision to dismiss the writ petition, based on precedent.
The Supreme Court allowed the appeal against the Bombay High Court's judgment in favor of the assessee regarding promissory estoppel in a tax matter. The Court relied on a previous decision and set aside the High Court's judgment, restoring the Single Bench's decision to dismiss the writ petition.
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