2019 (1) TMI 759 - SCH - Income Tax

Reopening of assessment - Claim of the deduction u/s 80IA 4 - eligibility of reasons to believe - doctrine of merger - Held that - Special Leave Petition is dismissed on the ground of low tax effect, leaving the question of law open.

Summary

The Supreme Court dismissed the Special Leave Petition due to low tax effect, condoned the delay, and left the question of law open. Pending applications were disposed of. (2019 (1) TMI 759 - SC Order)