https://www.taxtmi.com/article/detailed?id=5482 CBDT circulars under Section 119 cannot override judicial interpretation, direct disposal of particular cases, or impose additional burdens on taxpayers; they must respect natural justice and are administratively binding on the department but not on appellate authorities or courts. A recent clarification on disallowance of expenses against tax exempt income is criticised as displacing prior court decisions and reinstating a burdensome mechanical formula, contrary to the section's remedial purpose to prevent hardship. en-us Sat, 15 Feb 2014 15:12:37 +0530 Sat, 15 Feb 2014 15:12:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5482 CBDT circulars under Section 119 cannot override judicial interpretation, direct disposal of particular cases, or impose additional burdens on taxpayers; they must respect natural justice and are administratively binding on the department but not on appellate authorities or courts. A recent clarification on disallowance of expenses against tax exempt income is criticised as displacing prior court decisions and reinstating a burdensome mechanical formula, contrary to the section's remedial purpose to prevent hardship. Articles Income Tax Sat, 15 Feb 2014 15:12:37 +0530 https://www.taxtmi.com/article/detailed?id=5482