conclusion.
Provisions of Section 263 nowhere allows to
challenge the judicial wisdom of the AO or to
replace the wisdom in the guise of revision ... properties along with
other amenities and, accordingly, using his judicial wisdom, taxed the income
under the head business and profession. The view
economic regulation
cases, there are good reasons for judicial self-
restraint if not judicial deference to legislative
judgment. The legislature after all has the
affirmative ... events -- self-limitation can be seen to be the
path to judicial wisdom and institutional prestige
and stability."
The Court must always remember that
real market situation. It is pertinent to state here,
the judicial wisdom of Hon 'ble Supreme Court in CITvs.
Arvinds Raju
Shashank Raj (Icici Bank Limited) vs Reserve Bank Of India on 6 May, 2022
के
economic regulation cases, there are good reasons for
judicial self-restraint if not judicial deference to legislative judgment. The
legislature after all has the affirmative ... events
-- self-limitation can be seen to be the path to judicial wisdom and institutional
prestige and stability."
The Court must always remember that
Sh. Avtar Singh, Sirsa vs Department Of Income Tax on 8 November, 2012
IN THE
particular way. This Bench is not sitting in appeal over the judicial wisdom of the earlier Co-ordinate Bench deciding Revenue's appeal
action of the revenue is directly at
odds with the judicial wisdom. The reliance was placed on the decision
of Hon'ble Kerala High
revenue
and against the assessee.
Respectfully following the wisdom of higher judicial forum, we hold that the
indexation benefit against the cost of acquisition shall ... stand dismissed.
Therefore, taking the same view, following the higher judicial wisdom of
Hon'ble Gujarat High Court rendered in Nirmal Kumar Seth
construction to read words into a statute which the Legislature in its
wisdom has deliberately not incorporated." The Hon'ble Supreme Court ... however, great the hardship may appear to the judicial mind to
be. From the aforesaid judicial wisdom, it is clear that the view taken
