2015 (7) TMI 1377 - HC - Income Tax

Liability to Income tax under Article 289 of the Constitution of India - Appeal admitted on the following substantial questions of law (a) Whether on the facts and in the circumstances of the cases and in law, the Tribunal was right in its interpretation of Articles 289(1)(2)(3) of the Constitution in coming to the conclusion that the company was not exigible to tax? (b) Whether on the facts and in the circumstances of the cases and in law, the Tribunal is justified in coming to the conclusion that the company was an agent of government and therefore not exigible to tax?

Summary

The High Court of Bombay heard an appeal related to the Assessment Year 2006-07. The appeal was admitted based on substantial questions of law regarding the interpretation of Articles 289(1)(2)(3) of the Constitution and whether the company was an agent of the government and not liable to tax. Hearing was expedited with liberty to apply.