https://www.taxtmi.com/caselaws?id=401121 The Supreme Court allowed the appeal, quashed the High Court's judgment, and remitted the matter for a detailed consideration of the challenge to the vires of Section 40(a)(iib) of the Income Tax Act. The High Court's dismissal of the writ petition without deciding the issue on merits was deemed unsustainable, and the Supreme Court emphasized the need for the High Court to address the challenge comprehensively, irrespective of ongoing assessment proceedings. en-us Wed, 25 Nov 2020 00:00:00 +0530 Fri, 12 Jun 2026 16:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401121 The Supreme Court allowed the appeal, quashed the High Court's judgment, and remitted the matter for a detailed consideration of the challenge to the vires of Section 40(a)(iib) of the Income Tax Act. The High Court's dismissal of the writ petition without deciding the issue on merits was deemed unsustainable, and the Supreme Court emphasized the need for the High Court to address the challenge comprehensively, irrespective of ongoing assessment proceedings. Case-Laws Income Tax Wed, 25 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401121