2016 (1) TMI 1457 - SCH - Income Tax

Bogus transactions - obligation to consider the revised return tribunal part deletion - legal provisions and particularly Section 139(4) and Section 139(5) of the I.T. Act - Revenue is seeking re-appreciation and re-appraisal of the factual material on record - HELD THAT - Delay condoned. Leave granted.

Summary

The Supreme Court of India in 2016 (1) TMI 1457 - SC Order, with Hon'ble Mr. Justice Anil R. Dave and Hon'ble Mr. Justice Adarsh Kumar Goel presiding, granted leave after condoning delay. Petitioner represented by Mr. Maninder Singh, ASG, and others. Respondent represented by Ms. Indu Malhotra, Sr. Adv., and others.