https://www.taxtmi.com/caselaws?id=14851 The High Court held that the assessing authority's order assessing income tax on consultancy services was without jurisdiction and set it aside. The Court emphasized the principle that a junior authority must obey the orders of a superior authority and affirmed the finality of the Tribunal's decision that the income was not taxable. The Court ruled in favor of the petitioner, directing the return of the original bank guarantee, setting aside demand notices for penalty and charges, and ordering payment of costs and interest on the refunded amount within a specified timeframe. en-us Mon, 21 Aug 2000 00:00:00 +0530 Thu, 23 Jul 2009 16:16:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14851 The High Court held that the assessing authority's order assessing income tax on consultancy services was without jurisdiction and set it aside. The Court emphasized the principle that a junior authority must obey the orders of a superior authority and affirmed the finality of the Tribunal's decision that the income was not taxable. The Court ruled in favor of the petitioner, directing the return of the original bank guarantee, setting aside demand notices for penalty and charges, and ordering payment of costs and interest on the refunded amount within a specified timeframe. Case-Laws Income Tax Mon, 21 Aug 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14851