SC dismissed the Special Leave Petition, affirming the High ...
Corporate Taxation Challenge Rejected: Counsel's Concession Stands Firm Under Strict Procedural Scrutiny of Legal Representation
April 24, 2025
Case Laws Income Tax SC
SC dismissed the Special Leave Petition, affirming the High Court's concession on taxation principles. The court emphasized that if the Corporation believed its counsel wrongly conceded a legal point, it should have immediately sought clarification from the High Court. The tribunal condemned the practice of challenging counsel's concessions belatedly, ruling that such post-facto challenges are procedurally inappropriate. The decision underscores the importance of timely legal interventions and the binding nature of counsel's representations before judicial forums.
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