2019 (7) TMI 264 - SCH - Income Tax

Rectification of mistake - earlier ITAT dismissed the revenue appeal and cross objection of the assessee - Revenue went to HC, wherein HC restored the matter before ITAT - Status of the cross objection - doctrine of merger - validity of reassessment proceeding - HELD THAT - SLP dismissed.

Summary

The Supreme Court dismissed the Special Leave Petition. The costs of Rs. 1.5 lakhs imposed by the High Court were set aside. Justices Rohinton Fali Nariman and Surya Kant presided over the case.