2024 (10) TMI 1003 - SCH - Income Tax

Disallowance u/s 14A if no exempt income earned - TP adjustment on account of AMP expenditure - HC 2022 (11) TMI 384 - DELHI HIGH COURT decided assessee appeal in favour - delay filling SLP - HELD THAT - There is a delay of 586 days in filing the Special Leave Petition which has not been satisfactorily explained. The Special leave Petition is accordingly dismissed on the ground of limitation. However, the question of law is kept open to be adjudicated in an appropriate case.

Summary

The Supreme Court dismissed the Special Leave Petition due to a delay of 586 days, which was not satisfactorily explained. The question of law is kept open for adjudication in a future case.