https://www.taxtmi.com/caselaws?id=457207 The SC dismissed a contempt petition concerning a directive to the Union of India to reconsider an Income Tax Act provision. The Union amended the provision prospectively, resolving the petitioner's concerns. The SC found no contempt by the Life Insurance Corporation of India and concluded the proceedings, closing the petition. en-us Fri, 10 Feb 2023 00:00:00 +0530 Wed, 11 Sep 2024 20:40:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457207 The SC dismissed a contempt petition concerning a directive to the Union of India to reconsider an Income Tax Act provision. The Union amended the provision prospectively, resolving the petitioner's concerns. The SC found no contempt by the Life Insurance Corporation of India and concluded the proceedings, closing the petition. Case-Laws Income Tax Fri, 10 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457207