SC dismisses ACIT’s appeal against reassessment due to delay & lack of merit

ACIT Vs Teleperformance Global Service Private Ltd (Supreme Court of India) The Supreme Court of India dismissed a Special Leave Petition filed by the Additional Commissioner of Income Tax (ACIT) against Teleperformance Global Service Private Ltd. The apex court cited a gross delay of 181 days in filing the petition and found no reason to interfere with the Bombay High Court’s order. The dismissal was based on both the delay and the merits of the case. The Bombay High Court had earlier quashed a reassessment notice issued to Teleperformance under Section 148 of the Income Tax Act, 1961. ...