https://www.taxtmi.com/caselaws?id=256855 The High Court set aside the order of the Income Tax Settlement Commission Principal Bench and Additional Bench in Kolkata, criticizing their gross error and breach of judicial discipline. The Court emphasized the importance of following Supreme Court judgments, rebuking the Commission for disregarding the binding nature of legal precedents. The Court quashed the orders and directed the Commission to pass an appropriate order based on the judgment in Brij Lal within six weeks, highlighting the significance of adherence to established legal principles in tax matters. en-us Mon, 02 Feb 2015 00:00:00 +0530 Mon, 10 Apr 2023 12:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256855 The High Court set aside the order of the Income Tax Settlement Commission Principal Bench and Additional Bench in Kolkata, criticizing their gross error and breach of judicial discipline. The Court emphasized the importance of following Supreme Court judgments, rebuking the Commission for disregarding the binding nature of legal precedents. The Court quashed the orders and directed the Commission to pass an appropriate order based on the judgment in Brij Lal within six weeks, highlighting the significance of adherence to established legal principles in tax matters. Case-Laws Income Tax Mon, 02 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256855