https://www.taxtmi.com/caselaws?id=341334 Where a High Court order dismissing an income-tax appeal rested on a precedent later reversed by the Supreme Court, the foundation of that decision no longer survived. The discussion notes that the earlier precedent had been applied to the deduction issue under section 80HHC of the Income-tax Act, 1961, so the impugned order could not stand on that basis. The matter therefore required fresh consideration by the High Court in accordance with law, and the order was set aside with remand for decision on merits. en-us Thu, 30 Mar 2017 00:00:00 +0530 Thu, 06 Apr 2017 07:32:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341334 Where a High Court order dismissing an income-tax appeal rested on a precedent later reversed by the Supreme Court, the foundation of that decision no longer survived. The discussion notes that the earlier precedent had been applied to the deduction issue under section 80HHC of the Income-tax Act, 1961, so the impugned order could not stand on that basis. The matter therefore required fresh consideration by the High Court in accordance with law, and the order was set aside with remand for decision on merits. Case-Laws Income Tax Thu, 30 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341334