https://www.taxtmi.com/caselaws?id=25743 The High Court rejected the Corporation's application seeking a reference to determine if its income should be exempt under article 289(1) of the Constitution, as the Corporation had already been granted exemption under section 10(20) of the Income-tax Act for the assessment year 1978-79. The Court deemed the constitutional question unnecessary due to the Corporation's existing exemption and emphasized that pursuing irrelevant issues was against settled law. Since the Tribunal had ruled in favor of the Corporation, the Court dismissed the application without costs. en-us Tue, 04 Nov 1986 00:00:00 +0530 Sat, 30 Jan 2010 16:08:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25743 The High Court rejected the Corporation's application seeking a reference to determine if its income should be exempt under article 289(1) of the Constitution, as the Corporation had already been granted exemption under section 10(20) of the Income-tax Act for the assessment year 1978-79. The Court deemed the constitutional question unnecessary due to the Corporation's existing exemption and emphasized that pursuing irrelevant issues was against settled law. Since the Tribunal had ruled in favor of the Corporation, the Court dismissed the application without costs. Case-Laws Income Tax Tue, 04 Nov 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25743