Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
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 Special Leave Petition on Low Tax Effect, Condoning Delay</h1> SC dismissed the Special Leave Petition due to low tax effect, condoning the delay and disposing of the pending application. - TMI Reopening of assessment u/s 147 - admissibility of deduction u/s 80IB(10) in respect of Tans Residency Project - AO had rejected the claim inter alia on the ground that the development and construction of housing project had commenced prior to 01.10.1998 (which was the crucial date for claiming the benefits u/s 80IB(10)) - HELD THAT:- Special Leave Petition is dismissed on the ground of low tax effect. The Supreme Court dismissed the Special Leave Petition due to low tax effect. Delay was condoned, and the pending application was disposed of.