2020 (3) TMI 58 - SCH - Income Tax

Applicability of Section 115JB on banking Company - scope of rectification u/s 154 - Scope of amendment in 115JB by Finance Act, 2012 - as per HC sub- section 115JB as it stood prior to its amendment by virtue of Finance Act, 2012, would not be applicable to a banking company -HELD THAT - Delay condoned. Leave granted.

Summary

The Supreme Court of India in 2020 (3) TMI 58 - SC Order, with judges Rohinton Fali Nariman and V. Ramasubramanian, granted leave after condoning delay. Zoheb Hossain, Kanu Aggarwal, Manish Pushkarna, Advs., and Mrs. Anil Katiyar, AOR, represented the petitioner.