2016 (3) TMI 1448 - SCH - Income Tax

Penalty u/s 271(1)(c) - assessment order was made u/s 153C/143(3) considering the revised return - HC held Tribunal while dismissing the appeal filed by the assessee has dealt in its order, in detail every aspect, including the factual aspect of the matter - HELD THAT - Petitioner submits that in respect of the same impugned order of the Tribunal, the High Court has issued notice in the connected matter. It is open to the petitioner to point out the same before the High Court by way of filing an application for review. The special leave petition is disposed of accordingly with liberty as above. It is made clear that we have not considered the special leave petition on merits.

Summary

The Supreme Court of India disposed of a special leave petition, allowing the petitioner to file a review application before the High Court regarding the same impugned order of the Tribunal. The Court did not consider the special leave petition on merits.