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Income Tax - Highlights / Catch Notes

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The Supreme Court held that interest on tax demand post Telecom ...


Payment of interest on tax demand post Telecom Policy 1999 waived by Supreme Court. Order not a precedent.

Case Laws     Income Tax

May 28, 2024

The Supreme Court held that interest on tax demand post Telecom Policy 1999 is waived based on a judgment and the Telecom Policy's commencement in 1999. The waiver is specific to the case and not a precedent for others. Other pending cases should consider this decision on interest. The Miscellaneous Application is disposed of.

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