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2020 (1) TMI 1634 - SCH - Income TaxNon-allowability of deduction on account of investment in subsidiary company written off - As argrued by Additional Solicitor General, that the Order of the High Court is non-speaking inasmuch as it has not given its own reasons - High Court has only extracted the order of the Tribunal and whole consideration is only reflected in para 5 of the judgment - HELD THAT:- From the judgment of the High Court, it is clear that the High Court has not adverted to relevant issues and there does not appear appropriate consideration. We are of the view that ends of justice be served if the matter is heard again by the High Court. In result, the impugned judgment is set aside and Income Tax Appeal [2017 (11) TMI 1864 - RAJASTHAN HIGH COURT] is revived on the file of the High Court which may be heard afresh. We make it clear that we have not expressed any opinion on the merits of the case. It is for the High Court to consider and take a decision afresh.
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