{"id":33009,"date":"2023-02-25T12:25:26","date_gmt":"2023-02-25T06:55:26","guid":{"rendered":"https:\/\/itatonline.org\/digest\/muthoot-leasing-and-finance-ltd-v-cit-2023-450-itr-496-sc-2\/"},"modified":"2024-01-31T21:57:29","modified_gmt":"2024-01-31T16:27:29","slug":"muthoot-leasing-and-finance-ltd-v-cit-2023-450-itr-496-sc-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/muthoot-leasing-and-finance-ltd-v-cit-2023-450-itr-496-sc-2\/","title":{"rendered":"Muthoot Leasing and Finance Ltd. v. CIT (2023) 450 ITR 496 \/292 Taxman 5  \/ 330 CTR 209   (SC)"},"content":{"rendered":"<p>Reversing the order of High Court\u00a0 the Court held that the High Court can interfere with findings of fact while deciding a substantial question of law when the findings are not supported by the material on record, so as to be treated as perverse. For this, however, the High Court must frame a separate substantial question of law and only then interfere with the findings of fact recorded by the Tribunal, while applying strict parameters.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 260A : Appeal-High Court-Finding of fact-High Court must frame the substantial question of law-Order setting aside the order of Tribunal was quashed and set aside-Order of Tribunal was affirmed. [Interest-tax Act, 1974, S. 2(5A), 2(5B), 2(7)] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-33009","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-8Ap","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/33009","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=33009"}],"version-history":[{"count":3,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/33009\/revisions"}],"predecessor-version":[{"id":38613,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/33009\/revisions\/38613"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=33009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=33009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=33009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}