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SLP admitted to decide whether interest on margin money kept for business purpose eligible for section 80IA deduction Principal Commissioner of Income Tax vs. Shah Alloys ltd

SUPREME COURT OF INDIA

 

Diary Nos. 18549 and 18880 of 2017
IA Nos. 65483 of 2017.

 

Principal Commissioner of Income Tax IV..........................................Appellant.
v.
Shah Aloys Ltd.....................................................................................Respondent

 

A.K. Sikri & Ashok Bhushan, JJ.

 
Date :August 8, 2017
 
Appearances

Tushar Mehta, ASG, Y.P. Adyaru, Sr. Adv., Ms. Niranjana Singh, Adv., Ms. Anita Sahani, Adv., Ms. Anil Katiyar, Aor for the Petitioner.


Section 80IA of the Income Tax Act, 1961 — Deduction — SLP admitted to decide whether interest on margin money kept for business purpose eligible for section 80IA deduction — Principal Commissioner of Income Tax vs. Shah Alloys ltd.


JUDGMENT


Delay Condoned.

Leave Granted.

To be heard along with Civil Appeal No. 2533 of 2011.

 

[2017] 250 TAXMAN 77 (SC)

 
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