Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
When case Id is present, search is done only for this
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>SC dismisses SLP under Rs. 2 crore tax effect, legal queries open. Pending applications disposed.</h1> <h3>DY. COMMISSIONER OF INCOME TAX, CIRLCE-1 (2) (2) MUMBAI & ORS. Versus MSEB HOLDING COMPANY LTD.</h3> The SC dismissed the special leave petition due to the tax effect being below Rs. 2 crores, leaving all legal questions open. Pending applications were ... Reopening of assessment - notice beyond four years - interest on fixed deposit undisclosed - HELD THAT:- Since the tax effect involved in this matter is less than ₹ 2 crores, we see no reason to interfere in this matter. The special leave petition is dismissed, leaving all the questions of law open. The Supreme Court dismissed the special leave petition as the tax effect was less than Rs. 2 crores. All questions of law remain open. Pending applications are disposed of.