2018 (1) TMI 1688 - SC - Income Tax

Income accrued in India - Nature of gain - gains arising to the Assessee on the transfer of Compulsorily Convertible Debentures ( CCDs ) - capital gain or interest income - Whether taxable in India under Article 11 of DTAA between India and Mauritius? - HELD THAT - Service is complete. Ld.counsel for the parties have not filed the statement of case within the statutory period. However, statement of case is not mandatory as per amended Supreme Court Rules,2013. Viewed thus, the matter shall be processed for listing before the Hon'ble Court as per rules.

Summary

The Supreme Court judgment in 2018 (1) TMI 1688 stated that filing a statement of case is not mandatory as per amended Supreme Court Rules, 2013. The matter will be listed before the Hon'ble Court as per rules despite the parties not filing the statement of case within the statutory period.