2016 (12) TMI 1597 - HC - Income Tax

Following question of law arises for consideration Did the ITAT fall into error in regard to its interpretation of Section 68 of the Income Tax Act 1961 so far as the sum of 3.10 crores in issue is concerned?

Summary

The Delhi High Court admitted the case for consideration regarding the interpretation of Section 68 of the Income Tax Act, 1961 concerning a sum of Rs. 3.10 crores. Notice was issued to the respondent, and the case was listed for further hearing on 17.03.2017.