Judicial decisions are being pronounced by various appellate authorities, tribunals, courts and by High Courts on the disputed matters which are binding specifically whereas the decisions pronounced by the Supreme Court
CS Executive · Tax Laws and Practice · PYQS · December 2020
Judicial decisions are being pronounced by various appellate authorities, tribunals, courts and by High Courts on the disputed matters which are binding specifically whereas the decisions pronounced by the Supreme Court become judicial precedent and are binding on
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D). Official source note: Judicial decisions are being pronounced by various appellate authorities, tribunals, courts and by High Courts on the disputed matters which are binding specifically whereas the decisions pronounced by the Supreme Court become judicial precedent and are binding on ___________ (A) All the Courts & Appellate Tribunals (B) Income Tax Authorities (C) An Assesse (D) All in (A), (B) & (C)
Topics: Basic Concepts of Income Tax
Related Questions in this Topic
- Taxes and duties referred to in the Union list except those referred to in Articles 268 and 269, surcharge on taxes and ...
- Mrs. Mallick, an unregistered person, from Mumbai, has an account with a bank at Mumbai. She is on a vacation in Rajasth...
- If the goods so seized are of perishable or hazardous nature, such goods can be released by an order under GST INS-05 on...
- Section 9 of the IGST Act, 2017 defines:
- As per section 10 of CGST Act, 2017, the proceeds of the cess and such other amounts as may be recommended by the Counci...