SC directs HC to decide on vires of Section 40(a)(iib) of Income Tax Act, 1961

Tamil Nadu State Marketing Corporation Ltd. Vs Union of India And Others (Supreme Court of India)

When the vires of Section 40(a)(iib) of the Income Tax Act were challenged, which can be decided by the High Court alone in exercise of powers under Article 226 of the Constitution of India, the High Court ought to have decided the issue with regard to vires of Section 40(a)(iib) on merits, irrespective of the fact whether the matter was sub judice before the Income Tax Authority. Vires of a relevant provision goes to the root o

Please become a Premium member. If you are already a Premium member, login here to access the full content.