THE PR.COMMISSIONER OF INCOME TAX vs. SRI KOUNDINYA EDUCATIONAL SOCIETY
ITTA/179/2019HC Andhra Pradesh29 Oct 2019
Bench: C.PRAVEEN KUMAR,CHEEKATI MANAVENDRANATH ROY
160)
In the above judgment, the Apex Court analyzed the
Principle of Doctrine of Promissory Estoppel and discussed its
origin, evolution and application and it is appropriate to refer to
the principles laid down by the Supreme Court once again.
161)
The common law recognizes various kinds of equitable
estoppel, one of which is promissory estoppel. In Crabb vs. Arun