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of <h1>Dismissal of Special Leave Petition Due to Non-Representation</h1> <h3>Director of Income Tax (II) -II Versus M/s. Nomura India Investment Fund Mother Fund BSR And Co</h3> The Supreme Court of India dismissed the special leave petition after condoning the delay and disposed of pending applications due to no representation ... Penalty u/s 271 (1)(c) - computing the revenue neutral income by the assessee as per provisions of Section 10(38) for the Long Term capital gain - carried forward as per Section 74 - bonafide belief - Held that:- SLP dismissed. The Supreme Court of India dismissed the special leave petition after condoning the delay. Pending applications were also disposed of. No representation from the respondent. (2018 (7) TMI 493 - SC Order)
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