https://www.taxtmi.com/caselaws?id=39974 Consistent conduct inducing another party to alter its position can found promissory estoppel, so a later reimbursement claim based on the same arrangement fails where the payer had long treated the tax outgoings as not recoverable and the other party had benefited from that position. An undertaking to discharge another company's tax liability was not ultra vires where the company's memorandum authorised guarantees, indemnities, and acts incidental or conducive to its business objects. A claim for money paid for another accrued on each payment and was subject to the three-year limitation period under Article 23; exclusion of time under the Limitation Act was unavailable, so the claim was time-barred. en-us Thu, 09 Mar 1972 00:00:00 +0530 Thu, 07 Aug 2014 11:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39974 Consistent conduct inducing another party to alter its position can found promissory estoppel, so a later reimbursement claim based on the same arrangement fails where the payer had long treated the tax outgoings as not recoverable and the other party had benefited from that position. An undertaking to discharge another company's tax liability was not ultra vires where the company's memorandum authorised guarantees, indemnities, and acts incidental or conducive to its business objects. A claim for money paid for another accrued on each payment and was subject to the three-year limitation period under Article 23; exclusion of time under the Limitation Act was unavailable, so the claim was time-barred. Case-Laws Income Tax Thu, 09 Mar 1972 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39974