2019 (7) TMI 974 - SCH - Income Tax

Liability to pay tax on surcharge levied for delayed payment - Whether surcharge for delayed payment reflected in the bills raised by the assessee and its accounts, would invite payment of a tax dehors recovery/payment/receipt of surcharge - HELD THAT - No reason to interfere with the order of the High Court. The Special Leave Petitions are accordingly dismissed.

Summary

The Supreme Court dismissed the Special Leave Petitions without interfering with the High Court's order. Pending applications were disposed of, but the question of law remains open.