Tax effect less than Rupees Ten Lakhs: SC dismisses SLP filed by Income Tax Dept

SC dismissed SLP filed by the Income Tax Department as the tax effect less than rupees ten lakhs
By Kalyani B. Nair - On January 26, 2024 1:02 pm - 2 mins read
income tax department - special leave petition - supreme court - income tax - Tax effect below Rs 10 lakhs - taxscan

The Supreme Court of India dismissed the special leave petition (SLP) filed by the Income Tax Department as the tax effect less than rupees ten lakhs. The SLP arose out of impugned final judgment and order dated 06-05-2015 in ITA No. 172/2004 passed by the High Court of Judicature at Allahabad. In the impugned order,…

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