2019 (7) TMI 403 - SCH - Income Tax

Reopening of assessment - assessee had adjusted the interest income against the interest expenditure which according to AO was not permissible - eligibility of reason to believe - HELD THAT - SLP dismissed.

Summary

Case: 2019 (7) TMI 403 - SC
Judges: HON'BLE MR. JUSTICE S.A. BOBDE, HON'BLE MR. JUSTICE B.R. GAVAI
Petitioner represented by: Mr. ANS Nadkarni, ASG Ms. Praveena Gautam, Adv. Mr. Santosh Rebeila, Adv. Mrs. Anil Katiyar, AOR
Decision: Delay condoned. Petition dismissed.