2018 (7) TMI 558 - SCH - Income Tax

Amount received by way of exemption of sales tax payments - trading receipt OR capital receipt hence not liable to tax? - Held that - Issue notice. In the meantime, the operation of the impugned order shall remain stayed. Tag with SLP(C) 2017 (12) TMI 477 - SUPREME COURT OF INDIA

Summary

The Supreme Court of India in 2018 (7) TMI 558 - SC Order, with judges Arun Mishra and Mohan M. Shantanagoudar JJ., condoned delay, issued notice, stayed the impugned order's operation, and tagged the case with SLP(C)Nos.30728-30732/2017.