SC Dismisses Centre’s Appeal Against Siddhi Vinayak Syntex Over Tax Demand Limit

Union of India & Ors. Vs Siddhi Vinayak Syntex Pvt. Ltd (Supreme Court of India) Supreme Court of India has dismissed a special leave petition filed by the Union of India and others against Siddhi Vinayak Syntex Pvt. Ltd., upholding the principle that appeals by the tax department should not be pursued below a prescribed monetary threshold. The decision came in a case where the tax demand against the respondent company was less than the limit set by a departmental circular, despite the case involving a challenge to a circular concerning the “call-book” regime. The special leave...