2018 (12) TMI 607 - SCH - Income Tax

Accrual of income - whether duty drawn back accrues to the assessee only on passing of the order by appropriate authority and not in the year of export? - Held that - Delay condoned. Issue notice. Until further orders, the operation of the impugned order shall remain stayed.

Summary

The Supreme Court in 2018 (12) TMI 607 - SC Order, with Hon'ble Mr. Justice S.A. Bobde and Hon'ble Mr. Justice Navin Sinha presiding, condoned delay, issued notice, and stayed the operation of the impugned order until further orders. Petitioner represented by Mr. ANS Nadkarni, ASG Mr. D.L. Chidananda, Adv. Mrs. Madhvi Diwan, Adv. Mrs. Anil Katiyar, AOR, and Respondent represented by Ms. K