https://www.taxtmi.com/caselaws?id=756733 SC dismissed SLP filed against HC order rejecting second review petition regarding trust exemption u/s 10(22). Petitioner initially withdrew first review petition to pursue SLP before SC, which was dismissed on merits. Subsequently filed second review petition without seeking liberty during withdrawal of first petition. SC held such vacillation between review petitions and SLPs violates finality principle in litigation. Since no liberty was sought when first review petition was withdrawn or when SLP was dismissed, second review petition was impermissible. Court emphasized need for finality in litigation and rejected petitioner's attempt to repeatedly challenge same order through different forums. en-us Mon, 29 Jul 2024 00:00:00 +0530 Wed, 07 Aug 2024 18:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756733 SC dismissed SLP filed against HC order rejecting second review petition regarding trust exemption u/s 10(22). Petitioner initially withdrew first review petition to pursue SLP before SC, which was dismissed on merits. Subsequently filed second review petition without seeking liberty during withdrawal of first petition. SC held such vacillation between review petitions and SLPs violates finality principle in litigation. Since no liberty was sought when first review petition was withdrawn or when SLP was dismissed, second review petition was impermissible. Court emphasized need for finality in litigation and rejected petitioner's attempt to repeatedly challenge same order through different forums. Case-Laws Income Tax Mon, 29 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756733