2023 (6) TMI 980 - SCH - Income Tax

Applicability of Section 43B - electricity duty collected by the assessee as per the provisions of Punjab Electricity (Duty) Act, 1958 - As per HC applicability of Section 43B on the electricity duty, needs to be answered against the revenue - HELD THAT - No ground to interfere with the impugned judgment and order passed by the High Court. Accordingly, the Special Leave Petition is dismissed. Pending application(s), if any, stand disposed of.

Summary

The Supreme Court of India in 2023 (6) TMI 980 - SC Order dismissed the Special Leave Petition after hearing the Additional Solicitor General and finding no good ground to interfere with the impugned judgment and order passed by the High Court. Delay was condoned, and pending applications were disposed of.