https://www.taxtmi.com/caselaws?id=307241 The Tribunal allowed the revenue's miscellaneous application, recalling the issue for readjudication in light of the Supreme Court's judgment in the Palam Gas Services case, which reversed the principles laid down in the earlier Victor Shipping Services case regarding section 40(a)(ia) of the Income Tax Act. The Tribunal scheduled a new hearing without formal notice, emphasizing the precedence of a speaking order by the Supreme Court over the dismissal of a Special Leave Petition, and the debatable nature of the issue. en-us Fri, 17 Jun 2022 00:00:00 +0530 Thu, 30 Mar 2023 01:21:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307241 The Tribunal allowed the revenue's miscellaneous application, recalling the issue for readjudication in light of the Supreme Court's judgment in the Palam Gas Services case, which reversed the principles laid down in the earlier Victor Shipping Services case regarding section 40(a)(ia) of the Income Tax Act. The Tribunal scheduled a new hearing without formal notice, emphasizing the precedence of a speaking order by the Supreme Court over the dismissal of a Special Leave Petition, and the debatable nature of the issue. Case-Laws Income Tax Fri, 17 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307241