2018 (11) TMI 882 - SCH - Income Tax

Chargeable income u/s 29 - whether once the claim of the appellant as business of accommodation entries is accepted, then the charge has to be computed in accordance with the integrated scheme of taxation of Income Tax Act, 1961? - Held that - As per office report, defects have not been cured. Four weeks time is granted to the counsel for the petitioner to cure the defects failing which the petition shall stands dismissed without reference to the court.

Summary

The Supreme Court granted four weeks to cure defects in the petition; otherwise, it will be dismissed without court reference. (2018 (11) TMI 882 - SC Order)