2018 (7) TMI 1154 - SCH - Income Tax

Monetary limit - maintainability of appeal - Held that - Since the High Court has dismissed the appeal only on the ground of tax effect being less than ₹ 20 Lakhs, it is obvious that the High Court has not gone into the question of law proposed. We do not find any ground to interfere with the impugned order. The special leave petitions are, accordingly, dismissed.

Summary

The Supreme Court of India in 2018 dismissed special leave petitions due to tax effect being less than Rs. 20 Lakhs. The High Court did not address the proposed question of law. The delay was condoned, and pending applications were disposed of.