2026 (3) TMI 528

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.... Shri Ajay Kumar Arora, Sr. DR. ORDER PER SUDHIR KUMAR, AM : These are cross appeals filed by the Assessee as well as Revenue are directed against the order of the Ld. First Appellate Authority dated 13.10.2013 relevant to assessment year 2017-18. 2. None appeared on behalf of the assessee, despite issue of notice of hearing. However, on record, an email dated 28.1.2026 of the Assessee....

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....ntrovert the aforesaid factual matrix. 5. We have heard the Ld. DR and perused the records. We find that provisions contained under section 238 of "the Code" are having an overriding effect over all other Central and State statutes including Income Tax Act as held by Hon'ble Supreme Court in case of PCIT vs. Monnet Ispat and Energy Ltd. SLP (C) No. 6483 of 2018 order dated 10.8.2018 by returnin....