https://www.taxtmi.com/caselaws?id=331266 The Supreme Court allowed the appeals and set aside the High Court's orders, directing a fresh consideration of the review petition and appeal on their merits. It clarified that review petitions are maintainable under Section 260A of the Income Tax Act, 1961, even when the notional tax effect surpasses the prescribed limit, establishing a precedent for similar cases. en-us Fri, 12 Aug 2016 00:00:00 +0530 Thu, 17 Nov 2016 16:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331266 The Supreme Court allowed the appeals and set aside the High Court's orders, directing a fresh consideration of the review petition and appeal on their merits. It clarified that review petitions are maintainable under Section 260A of the Income Tax Act, 1961, even when the notional tax effect surpasses the prescribed limit, establishing a precedent for similar cases. Case-Laws Income Tax Fri, 12 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331266