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    <title>2004 (8) TMI 736 - Supreme Court</title>
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    <description>A quashing order under Section 482 of the Code cannot stand when it rests on a High Court precedent that has already been overruled by the Supreme Court. The Court found that failure to consider the binding effect of the later Supreme Court judgment led to an erroneous disposal of the petitions, so the matter had to be reconsidered on the correct legal position and other relevant aspects. The High Court&#039;s judgment was set aside and the connected matters were remitted for fresh adjudication on merits in accordance with law.</description>
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      <link>https://www.taxtmi.com/caselaws?id=274415</link>
      <description>A quashing order under Section 482 of the Code cannot stand when it rests on a High Court precedent that has already been overruled by the Supreme Court. The Court found that failure to consider the binding effect of the later Supreme Court judgment led to an erroneous disposal of the petitions, so the matter had to be reconsidered on the correct legal position and other relevant aspects. The High Court&#039;s judgment was set aside and the connected matters were remitted for fresh adjudication on merits in accordance with law.</description>
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