SC Follows Rajeev Bansal Ruling, Dismisses Department’s Special Leave Petition

ACIT Vs Nehal Ashit Shah (Supreme Court of India)

The Supreme Court of India has dismissed a Special Leave Petition filed by the Assistant Commissioner of Income Tax (ACIT) against Nehal Ashit Shah. The petition was disposed of based on a concession made by the Income Tax Department in a related case. The court followed its own precedent from the case of Income Tax Officer Ward 1(2) Jaipur vs. R.K. Build Creations Private Limited, which was decided on January 17, 2025. That decision, in turn, was based on a prior concession made by the Union of India in the case of

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