Advertisement
Advertisement
Skip to content
Follow Us on
Advertisement
TOP STORIES
Income Tax

Consistent loss of cases by revenue in Higher Courts could be termed as a deliberate

Case Law Details

Case Name
PCIT Vs International Biotech Park Ltd (Bombay High Court)
Date of Judgement/Order
Only available for paid members
Related Assessment Year
2009-2010
Advertisement PCIT Vs International Biotech Park Ltd (Bombay High Court) Revenue has been selective in its approach. It picks either the assessee or the assessment years pertaining to that assessee for challenging the orders in relation to them, before the higher forums. This results in revenue leakage or perpetuation of wrongs affecting adversely the collection of revenue. The public at large is at a loss to understand as to why the Department/Revenue consistently loses the battle in the higher Courts. This could be then termed as a deliberate or intentional act. If the Department o...
This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Advertisement

Join TaxGuru's Network for the latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Reply

Your email address will not be published. Required fields are marked *