Invocation of MSMED provisions in respect of Income Tax special audit remuneration is untenable

PCIT Vs Micro And Small Enterprise Facilitation Council And Anr. (Delhi High Court)

Delhi High Court held that in respect of Special Audit remuneration under section 142(2D) of the Income Tax Act invocation of provisions of MSMED Act not tenable and completely misplaced. Accordingly, the Income Tax Act would thus prevail over the provisions of the MSMED Act.

Facts- The Petitioner, the Principal Commissioner of Income Tax, Central-1, has filed the writ petitions challenging

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