Jurisdictional High Court decision is binding on subordinate Tribunal and courts

Anusandhan Trust Sai Ashray Vs ITO (ITAT Mumbai)

ITAT Mumbai held that Hon’ble jurisdictional High Court order in case of CIT v Gem & Jewellery Export Promotion Council has held that none of the conditions attached to the grant affected the voluntary nature of the contribution and accordingly they would be exempt under section 12 of the Act and it is settled law that decision of Hon’ble jurisdictional High Court is binding upon subordinate Tribunal and courts.

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