Case Law Details
ACIT Vs Vahanvati Consultants Private Limited (Supreme Court of India)
The Supreme Court of India has recently made a disposition in the case of ACIT (Assistant Commissioner of Income Tax) v. Vahanvati Consultants Private Limited. The court’s decision has specific implications for the parties involved, and this article will provide an overview of the case and the court’s actions.
Case Background:
The case involves Mr. Balbir Singh, the learned Additional Solicitor General, who presented arguments on behalf of the revenue. It was noted that the High Court had relied on a previous judgment by the Supreme Court in the case of “Principal Commissioner of Income Tax, New Delhi vs. Maruti Suzuki India Limited (2020) 18 SCC 331.”
However, Mr. Balbir Singh asserted that the revenue intends to distinguish the current case’s facts from those of the Maruti Suzuki India Limited case. He also mentioned that the High Court’s order did not reflect any such argument presented before it.
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