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<h1>SC dismisses special leave petition, allows petitioner to pursue recovery of taxable amount for AY 2006-07.</h1> The SC dismissed the special leave petition, enabling the petitioner to pursue recovery of the taxable amount for Assessment Year 2006-07 under Section ... Assessment u/s 153C - Additions on the account of alleged unaccounted cash receipt - project completion method of accounting - Method of accounting, regularly followed by the Assessee - HELD THAT:- We see no reason to interfere with the impugned order passed by the High Court. Accordingly, the special leave petition is dismissed. However, there shall be liberty to the petitioner to proceed for recovery of amount under claim to be taxable in the Assessment Year 2006-07 u/s 153(6) of the Income Tax Act, 1961. The Supreme Court dismissed the special leave petition, allowing the petitioner to proceed with the recovery of the taxable amount for Assessment Year 2006-07 under Section 153(6) of the Income Tax Act, 1961.