2018 (8) TMI 152 - SCH - Income Tax

Addition on account of accrued interest on loans which are classified as Non-performing Assets - Held that - The Special Leave Petition is dismissed leaving the question of law open as the tax effect is low.

Summary

The Supreme Court of India dismissed the Special Leave Petition due to low tax effect, while leaving the question of law open. Delay was condoned, and pending applications were disposed of accordingly.