2020 (3) TMI 1250 - SCH - Income Tax

Exemption u/s 11 - benefit of Section 2(15) - assessee is nationally designated entity entitled to allocate domain names to its applicants who seek it in India - HELD THAT - Additional Solicitor General has placed before us what is stated to be the litigation policy qua the disputes between the Governments and public sector enterprises which would be handled through the administrative mechanism for resolution of CPSEs disputes (AMRCD). It is stated that the policy applies to non-revenue matters and more time is required to matters regarding revenue matters. The litigation policy is taken on record. At request, list on 13.04.2020 by which time we positively would desire the litigation policy even regarding the revenue matters to be placed before us.

Summary

The Supreme Court of India in 2020 (3) TMI 1250 - SC Order, condoned the delay in the case. The Additional Solicitor General presented a litigation policy for resolving disputes between Governments and public sector enterprises through the administrative mechanism for resolution of CPSEs disputes (AMRCD). The policy applies to non-revenue matters, and more time is needed for revenue matters. The court took the litigation policy on record and scheduled a follow-up on 13.04.2020 for the policy regarding revenue matters to be presented.