https://www.taxtmi.com/caselaws?id=195778 Rejection of a Section 12A application could not stand where it was based on the view that earlier relief under Section 10(23C) had been wrongly granted, because that premise ceased to survive after the Court later upheld the Tribunal's earlier order and reasoning. Once the earlier judgment had affirmed the Tribunal decision, the foundation for the impugned rejection disappeared. The rejection order was quashed, and the respondents were directed to consider and grant the claimed relief in light of the Court's earlier judgment. en-us Wed, 05 Mar 2014 00:00:00 +0530 Fri, 10 Nov 2017 08:09:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195778 Rejection of a Section 12A application could not stand where it was based on the view that earlier relief under Section 10(23C) had been wrongly granted, because that premise ceased to survive after the Court later upheld the Tribunal's earlier order and reasoning. Once the earlier judgment had affirmed the Tribunal decision, the foundation for the impugned rejection disappeared. The rejection order was quashed, and the respondents were directed to consider and grant the claimed relief in light of the Court's earlier judgment. Case-Laws Income Tax Wed, 05 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195778