Delay condoned; Questions F, G, H covered by earlier 8 April 2009 decision favoring assessee; section 56 left unargued Delay condoned. Questions F, G and H held covered by a prior SC decision pronounced on 8 April 2009, which was decided in favor of the assessee and ...
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Delay condoned; Questions F, G, H covered by earlier 8 April 2009 decision favoring assessee; section 56 left unargued
Delay condoned. Questions F, G and H held covered by a prior SC decision pronounced on 8 April 2009, which was decided in favor of the assessee and against the Department. As to Question I, the HC noted the Department did not argue the applicability of "miscellaneous income" under section 56 and therefore declined to examine that issue. The special leave petition is disposed of on those terms.
"Delay condoned." Questions F, G & H are held to be covered by the judgment in Commissioner of Income Tax, Delhi v. M/s. Woodward Governor India P. Ltd. (C.A. No.2206/2009 arising from SLP(C) Nos.593/2008 etc.) pronounced on 8th April, 2009 - the earlier decision being "in favour of the assessee and against the Department." As to question I, the High Court observed that the issue regarding the applicability of "miscellaneous income" under section 56 of the Income-tax Act was not argued by the Department; consequently the Court declined to examine that question in the present petition. The special leave petition is disposed of on those terms.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
