https://www.taxtmi.com/caselaws?id=368106 The Court declared the constitutionality of Section 40(a)(ia) of the Income Tax Act and allowed the petitioner to set aside notices issued under the Act. The provision was applied retrospectively from Assessment Year 2005-06. Referring to previous judgments, the Court directed pending appeals to be decided in line with the orders of the Apex Court, clarifying doubts on appeal filings. The Court permitted the petitioner to withdraw with liberty to pursue remedies under the Act, including raising contentions and filing appeals before the CIT(A). The writ petition was disposed of without costs, enabling the petitioner to address issues through suitable avenues. en-us Thu, 27 Sep 2018 00:00:00 +0530 Mon, 01 Oct 2018 09:15:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368106 The Court declared the constitutionality of Section 40(a)(ia) of the Income Tax Act and allowed the petitioner to set aside notices issued under the Act. The provision was applied retrospectively from Assessment Year 2005-06. Referring to previous judgments, the Court directed pending appeals to be decided in line with the orders of the Apex Court, clarifying doubts on appeal filings. The Court permitted the petitioner to withdraw with liberty to pursue remedies under the Act, including raising contentions and filing appeals before the CIT(A). The writ petition was disposed of without costs, enabling the petitioner to address issues through suitable avenues. Case-Laws Income Tax Thu, 27 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368106