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Whether report called for by AO can be made basis for assessment or not - Supreme Court dismissed the appeal in view of the meagreness of the amount involved in the appeal keeping the question of law open - Commissioner of Income Tax v. Om Prakash Bagadia(HUF)

SUPREME COURT OF INDIA

 

Civil Appeal No. 2940 of 2006.

 

COMMISSIONER OF INCOME-TAX
V
OM PRAKASH BAGADIA (HUF)...........................................................Appellant.
.
...........................................................Respondent

 

ANIL R. DAVE, MADAN B. LOKUR AND KURIAN JOSEPH, JJ.

 
Date :April 15, 2015
 
Appearances

K. Radhakrishnan, Senior Advocate (Ms. Rashmi Malhotra and Ms. Niranjana Singh, for B. V. Balaram Das, Advocates, with him) for the appellant.
R. D. Upadhyay, Advocate, for the respondent.


Section 131(1)(d) of the Income Tax Act, 1961 — Assessment — Whether report called for by AO can be made basis for assessment or not - Supreme Court dismissed the appeal in view of the meagreness  of the amount  involved  in the appeal keeping the question of law open — Commissioner of Income Tax v. Om Prakash Bagadia(HUF)


JUDGMENT


The judgment of the court was delivered by


Other Citation: [2015] 373 ITR 670 (SC)

No.-
Dated.-


ORDER
1. Looking at the meagreness of the amount involved in the appeal, we see no reason to interfere with the impugned judgment.

2. The civil appeal is, accordingly, dismissed with no order as to costs.

3. The question of law is kept open.

 

[2015] 373 ITR 670 (SC),[2015] 233 TAXMAN 131 (SC)

 
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