Supreme Court allows challenge to Circular impacting Income Tax Act with cascading effect The Supreme Court allowed the Department to challenge the application of a Circular dated 9th February, 2011, in cases under the Income-Tax Act, 1961, ...
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Supreme Court allows challenge to Circular impacting Income Tax Act with cascading effect
The Supreme Court allowed the Department to challenge the application of a Circular dated 9th February, 2011, in cases under the Income-Tax Act, 1961, with a cascading effect. The Department was granted liberty to move the High Court within two weeks to address this issue.
The Supreme Court of India in 2011 (8) TMI 137 - SC Order, allowed the Department to challenge the application of a Circular dated 9th February, 2011, in cases under the Income-Tax Act, 1961, with a cascading effect. The Department was granted liberty to move the High Court within two weeks to address this issue.
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