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SLP granted against high courts ruling that where assessing officer while framing assessment under section 143(3) had considered issue relating to deductions under sections 89IA and 80 HHC in detail

SUPREME COURT OF INDIA

 

SPECIAL LEAVE TO APPEAL (C) NO. 22780 OF 2016

 

Principal Commissioner of Income-tax, Vadodara-2.....................................Appellant.
v.
Sun Pharmaceutical Industries Ltd. ................................................................Respondent

 

KURIAN JOSEPH AND ROHINTON FALI NARIMAN, JJ.

 
Date :DECEMBER  5, 2016 
 
Appearances

Tushar Mehta, ASG, Ashok K. Srivastava, Ms. Hari Priya, Ashok Panigrahi and Mrs. Anil Katiyar Advs. for the Petitioner. 
Tarun Singh and Shekhar Prit Jha, Advs. for the Respondent.


Section 80IA read with sections 80HHC and 147 of the Income Tax Act, 1961 — Deduction — SLP granted against high court's ruling that where assessing officer while framing assessment under section 143(3)  had considered issue relating to deductions under sections 89IA and 80 HHC in detail , he would not initiate reassessment proceedings merely on basis of change of opinion that assessee had claimed excessive deductions in return of income — Principal Commissioner of Income Tax vs. Sun Pharmaceutical Industries Ltd.


JUDGMENT


1. Delay condoned.

2. Leave granted.

3. Tag with C.A. No. 2412 of 2014.

 

[2017] 244 TAXMAN 218 (SC)

 
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