Dismissing the appeal of the Revenue the High Court held that the question raised in this appeal had been answered against it by the court in CIT v. Manjunatha Cotton and Ginning Factory [2013] 359 ITR 565 (Karm)(HC). Followed CIT v. SSA’s Emerald meadows (2016) 386 ITR 13 (St). SLP of Revenue dismissed, question of law is kept open. (AY. 2007-08)
CIT v. State Bank Of Mysore (2024)471 ITR 761 (SC) Editorial : CIT v. State Bank Of Mysore (2024)471 ITR 760 (Karm) (HC)
S. 271(1)(c) : Penalty-Concealment-Not specifying the charge-Order of Tribunal deleting the penalty is affirmed-SLP of Revenue is dismissed. [Art. 136]
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