2024 (8) TMI 1087 - SCH - Income Tax

Delay in filling SLP - Deduction u/s 80-IB(10) and Disallowance u/s 40(a)(ia) - non- deduction of TDS on provision for expenses - HC 2022 (11) TMI 1507 - KARNATAKA HIGH COURT decided issue in favour of assessee - HELD THAT - We see no reason to condone the inordinate delay of 523 days in filing the Special Leave Petition as the explanation sought to be provided, does not constitute sufficient cause. Hence, petition(s) stands dismissed on the ground of delay.

Summary

The Supreme Court dismissed the petition due to a delay of 523 days in filing the Special Leave Petition, as the explanation provided was not sufficient. Pending applications were disposed of.