https://www.taxtmi.com/caselaws?id=777506 The Supreme Court set aside the High Court's dismissal of the deduction appeals under Section 80-I because the High Court had relied only on an earlier precedent without substantive reasons. As the legal position had since been considered in a later Supreme Court decision and the revenue had also relied on Section 80AB for the relevant assessment years, the merits of the deduction controversy were not finally determined. The matters were remanded to the High Court for fresh consideration in light of the law then holding the field, and no final adjudication was made on the substantive issues under Sections 80-I and 32AB. en-us Thu, 21 Aug 2025 00:00:00 +0530 Wed, 27 Aug 2025 11:27:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777506 The Supreme Court set aside the High Court's dismissal of the deduction appeals under Section 80-I because the High Court had relied only on an earlier precedent without substantive reasons. As the legal position had since been considered in a later Supreme Court decision and the revenue had also relied on Section 80AB for the relevant assessment years, the merits of the deduction controversy were not finally determined. The matters were remanded to the High Court for fresh consideration in light of the law then holding the field, and no final adjudication was made on the substantive issues under Sections 80-I and 32AB. Case-Laws Income Tax Thu, 21 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777506