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2022 (9) TMI 1653 - SCH - Income TaxMAT Applicability of Section 115JB to the assessee Electricity Company - As decided by HC said provisions prior to its amendment in the year 2012 would not cover the electricity company. The Kerela High Court in case of Kerela State Electricity Board 2010 (11) TMI 127 - KERALA HIGH COURT had taken such a view in similar circumstances. HELD THAT - In view of order passed by this Court in 2022 (10) TMI 363 - SC ORDER the instant special leave petition is also dismissed.
The Supreme Court of India, with a bench comprising the Chief Justice, Justice Ajay Rastogi, and Justice S. Ravindra Bhat, dismissed the special leave petition. The dismissal was based on a precedent set by the Court's order dated 16.08.2022 in Civil Appeal No. 151 of 2015 and related cases. The petitioner's representation included Mr. Balbir Singh, ASG, and several advocates, while there was no appearance for the respondent.
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