https://www.taxtmi.com/caselaws?id=793960 The HC set aside the Tribunal's treatment of the assessee's cross-objections as infructuous and remanded them for fresh adjudication, directing the Tribunal to pass an appropriate order expeditiously while keeping all contentions open. The Court did not decide the merits of the allowability of allocable staff expenses and general administration costs, noting that issue was stated to be covered against the assessee by a later Supreme Court decision. It also declined to express any view on the rival arguments concerning infructuousness, but held that the cross-objections required a formal adjudication. en-us Fri, 19 Jun 2026 00:00:00 +0530 Fri, 26 Jun 2026 07:07:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793960 The HC set aside the Tribunal's treatment of the assessee's cross-objections as infructuous and remanded them for fresh adjudication, directing the Tribunal to pass an appropriate order expeditiously while keeping all contentions open. The Court did not decide the merits of the allowability of allocable staff expenses and general administration costs, noting that issue was stated to be covered against the assessee by a later Supreme Court decision. It also declined to express any view on the rival arguments concerning infructuousness, but held that the cross-objections required a formal adjudication. Case-Laws Income Tax Fri, 19 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793960