https://www.taxtmi.com/caselaws?id=295659 The High Court of Karnataka allowed the appeal without addressing the questions of law and remanded the matter to the tribunal for fresh consideration. The court emphasized the importance of considering the amended provision of Sec. 158BB of the Income Tax Act, following a precedent set in a previous case where the tribunal had failed to consider the amended provision. The respondent's counsel's continuous absence led the court to hear arguments presented by the appellants' counsel, ultimately leading to the decision to remand the matter for a fresh review. en-us Wed, 25 Nov 2009 00:00:00 +0530 Mon, 14 Jun 2021 11:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295659 The High Court of Karnataka allowed the appeal without addressing the questions of law and remanded the matter to the tribunal for fresh consideration. The court emphasized the importance of considering the amended provision of Sec. 158BB of the Income Tax Act, following a precedent set in a previous case where the tribunal had failed to consider the amended provision. The respondent's counsel's continuous absence led the court to hear arguments presented by the appellants' counsel, ultimately leading to the decision to remand the matter for a fresh review. Case-Laws Income Tax Wed, 25 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295659