https://www.taxtmi.com/caselaws?id=25991 Managing agency commission from a Pakistan-based company was not includible to the extent of 50% in the assessee's assessment, following an earlier ruling on the same issue. For relief under section 80-0, the requirement to obtain Central Government approval before 1 October of the relevant assessment year was treated as directory where the application was filed within time and approval was granted later. The assessee therefore remained entitled to the relief despite post-deadline approval. The legal principles are that settled issues should be decided consistently with prior rulings and that a time-bound approval condition may not defeat relief when statutory purpose is fulfilled. en-us Mon, 06 May 1985 00:00:00 +0530 Tue, 02 Feb 2010 11:32:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25991 Managing agency commission from a Pakistan-based company was not includible to the extent of 50% in the assessee's assessment, following an earlier ruling on the same issue. For relief under section 80-0, the requirement to obtain Central Government approval before 1 October of the relevant assessment year was treated as directory where the application was filed within time and approval was granted later. The assessee therefore remained entitled to the relief despite post-deadline approval. The legal principles are that settled issues should be decided consistently with prior rulings and that a time-bound approval condition may not defeat relief when statutory purpose is fulfilled. Case-Laws Income Tax Mon, 06 May 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25991