The Assessing Officer had refused to accept the assessee's claim that the interest income from securities was exempt from
Advises it to act with ‘procedural integrity’
Cites a previous ruling under Section 34 of the Arbitration and Conciliation Act
The bench upheld the decision of the High Court against the Directorate General of Foreign Trade
The development follows the appointment of former Acting CJ Ritu Bahri as Chief Justice of the Uttarakhand High Court
Cites the Supreme Court verdict in the Vidya Drolia and Others vs. Gujarat Informatics Ltd case
The interim order will remain in force till the next date of hearing on 02 May
Cites its judgments under the SARFAESI Act in the previous cases
Sets aside the order and remits the matter back for further consideration
States that the law and establishment did not violate the provisions of the Constitution of India including Article 19(1)
It was amenable to writ jurisdiction under Article 226
Refers to Sections of the Indian Stamp Act asserting that the provisions ensured that the State was not deprived of its
