{"id":49114,"date":"2024-12-24T14:51:07","date_gmt":"2024-12-24T09:21:07","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=articles&#038;p=49114"},"modified":"2024-12-24T14:51:07","modified_gmt":"2024-12-24T09:21:07","slug":"note-on-supreme-court-ruling-in-rajeev-bansal","status":"publish","type":"articles","link":"https:\/\/itatonline.org\/digest\/articles\/note-on-supreme-court-ruling-in-rajeev-bansal\/","title":{"rendered":"NOTE ON SUPREME COURT RULING IN RAJEEV BANSAL"},"content":{"rendered":"<p>Hon\u2019ble Supreme Court has recently delivered its 100+ pages verdict on 03.10.2024 in the case <strong>of UOI v. Rajeev Bansal [2024] 167 taxmann.com 70 \/ 301 Taxman 238 (SC) <\/strong>which drastically changes the terrain of tax reassessment process and emerges as a turning point in the Indian tax law. This historical ruling raises vital concern regarding the limits of judicial intervention in tax proceedings and exposes a careful mix between principle and pragmatism by inventing the idea of \u201csurviving time\u201d. This ruling deals with the issues concerning the separation of powers in India\u2019s constitutional design by offering a complicated interaction between judicial power, administrative policy and taxpayers rights. i. e.\u00a0 can administrative convenience supersede the accepted standards of statute interpretation?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hon\u2019ble Supreme Court has recently delivered its 100+ pages verdict on 03.10.2024 in the case of UOI v. Rajeev Bansal [2024] 167 taxmann.com 70 \/ 301 Taxman 238 (SC) which drastically changes the terrain of tax reassessment process and emerges as a turning point in the Indian tax law. This historical ruling raises vital concern regarding the limits of judicial intervention in tax proceedings and exposes a careful mix between principle and pragmatism by inventing the idea of \u201csurviving time\u201d. This ruling deals with the issues concerning the separation of powers in India\u2019s constitutional design by offering a complicated interaction between judicial power, administrative policy and taxpayers rights. i. e.\u00a0 can administrative convenience supersede the accepted standards of statute interpretation?<\/p>\n<p><a href=\"https:\/\/itatonline.org\/digest\/articles\/note-on-supreme-court-ruling-in-rajeev-bansal\/\">read more<\/a><\/p>","protected":false},"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false},"articles_category":[12],"class_list":["post-49114","articles","type-articles","status-publish","hentry","articles_category-income-tax-law"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/articles\/49114","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/articles"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/articles"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=49114"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=49114"}],"wp:term":[{"taxonomy":"articles_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/articles_category?post=49114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}