1990 (12) TMI 7 - SCH - Income Tax

High Court while sustaining the order of the Tribunal remitting the matter to the Income-tax Officer - It is implicit in the order of the High Court that the Income-tax Officer should dispose of the matter on remand in accordance with law. If there are subsequent binding pronouncements of this court in the matter it is needless to say the Income-tax Officer will take due note of them - revenue s special leave petition dismissed

Summary

The Supreme Court dismissed the special leave petition, stating that the Income-tax Officer should consider subsequent binding pronouncements of the court in the matter. The High Court's order remitting the matter to the Income-tax Officer was upheld.