https://www.taxtmi.com/caselaws?id=182633 The High Court ruled in favor of the applicant-assessee, a private limited company, in a tax assessment case for the year 1977-78. The Tribunal's decision to not consider the appeal grounds regarding the deductibility of capital subsidy was deemed unjustified. The Court emphasized the importance of addressing legal questions, even if not raised at lower levels, and prioritized justice over technicalities. The judgment favored the assessee, highlighting the significance of fair treatment in legal proceedings. en-us Tue, 06 Feb 1996 00:00:00 +0530 Mon, 16 May 2016 15:01:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182633 The High Court ruled in favor of the applicant-assessee, a private limited company, in a tax assessment case for the year 1977-78. The Tribunal's decision to not consider the appeal grounds regarding the deductibility of capital subsidy was deemed unjustified. The Court emphasized the importance of addressing legal questions, even if not raised at lower levels, and prioritized justice over technicalities. The judgment favored the assessee, highlighting the significance of fair treatment in legal proceedings. Case-Laws Income Tax Tue, 06 Feb 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182633