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Block assessment — Time during which interim order of High Court in force to be excluded and time to be reckoned from date of last Panchnama

SUPREME COURT OF INDIA

 

No.- R. P. (C) No. 2705 of 2016 in C. A. No. 2667 of 2007

 

VLS Finance Ltd. and another ..................................................................Appellant.
V
Commissioner of Income-Tax and another ...............................................Respondent

 

 

 
Date : July 27, 2016
 
Appearances

A. K. Sikri And Rohinton Fali Nariman, JJ.
For the Petitioner : V. N. Raghupathy


Section 142(2A) & 158 BE of the Income Tax Act, 1961 — Search & Seizure — Block assessment — Time during which interim order of High Court in force to be excluded and time to be reckoned from date of last Panchnama — VLS Finance Ltd. and another vs. Commissioner of Income Tax.


JUDGMENT


1. The instant review petition is filed against the order dated April 28, 2016, VLS Finanace Ltd. v. CIT [2016] 384 ITR 1 (SC) whereby the aforementioned civil appeal was dismissed.

2. We have carefully gone through the review petition and the connected papers. We find no error much less apparent in the order impugned. The review petition is, accordingly, dismissed.

 

[2016] 386 ITR 407 (SC),[2016] 289 CTR 656 (SC)

 
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