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Additional concession not includible by Income Tax Department without extension/ modification of BIFR scheme
Case Law Details
- Case Name
- Pr. Director General of Income Tax (Admn & TPS) Vs Indian Plywood MFG Co Pvt Ltd & Anr(Delhi High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Delhi High Court
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Pr. Director General of Income Tax (Admn & TPS) Vs Indian Plywood MFG Co Pvt Ltd & Anr (Delhi High Court)
Delhi High Court held that no additional concession could be included in BIFR [Board for Industrial and Financial Reconstruction] by the Income Tax Department without any extension or modification of the Scheme.
Facts- The Principal Director General of Income Tax [DGIT] has filed the present petition impugning an order passed by the Board for Industrial and Financial Reconstruction [BIFR] relating to respondent no.1 – M/s The Indian Plywood Mfg. Co. Pvt. Ltd.
BIFR had directed th...
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