https://www.taxtmi.com/caselaws?id=796255 A jurisdictional High Court judgment binds authorities within its territorial jurisdiction unless stayed, modified or reversed; a proposed or pending Supreme Court challenge does not reduce that binding force. Registration under section 12AB granted in compliance with that judgment must be determined under the law applicable on the grant date. No statutory mechanism permits registration or consequential benefits to be made tentative based on speculative future proceedings. Caveats tied to a proposed challenge exceeded the High Court's directions and created uncertainty inconsistent with the registration scheme. The caveats were therefore deleted, leaving unqualified registration under section 12AB. en-us Fri, 10 Jul 2026 00:00:00 +0530 Mon, 03 Aug 2026 08:20:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796255 A jurisdictional High Court judgment binds authorities within its territorial jurisdiction unless stayed, modified or reversed; a proposed or pending Supreme Court challenge does not reduce that binding force. Registration under section 12AB granted in compliance with that judgment must be determined under the law applicable on the grant date. No statutory mechanism permits registration or consequential benefits to be made tentative based on speculative future proceedings. Caveats tied to a proposed challenge exceeded the High Court's directions and created uncertainty inconsistent with the registration scheme. The caveats were therefore deleted, leaving unqualified registration under section 12AB. Case-Laws Income Tax Fri, 10 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796255