“Immediate steps must be taken by Revenue to upgrade software”: Supreme Court slams Dept & CBDT for Demand of Rs. 62.85 Lakh Excess Surcharge on Income Tax [Read Judgement]

The Delhi High Court had earlier dismissed the petitioner’s writ petition, suggesting that an alternative remedy was available
By Manu Sharma - On September 27, 2024 12:41 pm - 2 mins read
Supreme Court - Income Tax - CBDT - Central Processing Centre - CPC - income tax liability - taxscan

The Supreme Court recently addressed the imposition of an incorrect surcharge on the petitioner’s income tax liability. The case arose from a demand made by the Central Processing Centre ( CPC ) for Assessment Year ( AY ) 2022-2023, where the petitioner was charged a surcharge of ₹2.01 crore on an income of ₹1.57 crore,…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹2299 + GST for 1 year

Subscribe Now

Already a member? Log in here

Topics

taxscan-loader