2020 (3) TMI 693 - SCH - Income Tax

Maintainability of appeal - low tax effect - HELD THAT - Though the entire tax effect in the present matter has been stated to be to the tune of ₹ 11.21 crores, it is admitted that in respect of question as framed at page 49, the tax effect is less than ₹ 2 crores. We see no reason to interfere in the matter. This special leave petition is, accordingly, dismissed.

Summary

Title: Supreme Court of India Judgment Citation: 2020 (3) TMI 693 - SC Order

Judges: Uday Umesh Lalit And Vineet Saran, JJ.

Parties: Petitioner represented by Arijit Prasad, Sr. Adv., D.L. Chidananda, Ms. Sunita Rani Singh, Advs., and Mrs. Anil Katiyar, AOR; Respondent represented by Amar Dave, Adv., P.S. Sudheer, AOR, Rishi Maheshwari, Ms. Mayuri Nayyar Chawla, Ms. Anne Mathew, and Ms. Shruti Jose, Advs.

Key Points: Delay condoned. Tax effect less than Rs. 2 crores for the question at page 49. No interference in the matter. Special leave petition dismissed. Pending application(s) disposed of.