https://www.taxtmi.com/caselaws?id=471010 Special Bench order adverse to the assessee could not stand because it reaffirmed an earlier view that had been set aside by the controlling High Court decision. The governing precedent displaced the basis for the Special Bench's reasoning, requiring reconsideration in conformity with that decision. The impugned order was therefore set aside and remitted for fresh determination on the applicable legal position, with the assessee succeeding on this issue. en-us Thu, 17 Feb 2011 00:00:00 +0530 Tue, 18 Aug 2026 11:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471010 Special Bench order adverse to the assessee could not stand because it reaffirmed an earlier view that had been set aside by the controlling High Court decision. The governing precedent displaced the basis for the Special Bench's reasoning, requiring reconsideration in conformity with that decision. The impugned order was therefore set aside and remitted for fresh determination on the applicable legal position, with the assessee succeeding on this issue. Case-Laws Income Tax Thu, 17 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471010