https://www.taxtmi.com/caselaws?id=192518 An unappealed High Court judgment in income-tax reference proceedings bound the parties in that case and had to be given effect by the tax authorities according to its terms, even if its construction of the charging provision was later said to be erroneous. On that basis, the earlier decision precluded recovery of the balance demand and required repayment of the amount already collected. The controlling principle was that a reference judgment, once left unchallenged, determines the assessment consequences between the parties for that case. en-us Fri, 01 Dec 1933 00:00:00 +0530 Sat, 03 Jun 2017 16:33:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192518 An unappealed High Court judgment in income-tax reference proceedings bound the parties in that case and had to be given effect by the tax authorities according to its terms, even if its construction of the charging provision was later said to be erroneous. On that basis, the earlier decision precluded recovery of the balance demand and required repayment of the amount already collected. The controlling principle was that a reference judgment, once left unchallenged, determines the assessment consequences between the parties for that case. Case-Laws Income Tax Fri, 01 Dec 1933 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192518