Challenge to Constitutional Validity of Section 115BBDA- SC Grants Liberty to file SLP

Challenge to Constitutional Validity of Section 115BBDA of the Act in the Hon’ble Supreme Court In a Petition filed under Article 32 of the Constitution of India challenging the constitutional validity of Section 115BBDA [Tax on Dividend income above Rs. 10 Lakhs] of the Act, the Hon’ble Supreme Court granted liberty to file SLP against the decision of the Hon’ble Delhi High Court in the case of Rajan Bhatia wherein the validity of the said section was upheld and SLP there against had earlier been dismissed by the Hon’ble Apex Court. Full text of the decision of the Hon’ble Apex ...