This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
SC Refuses to Entertain Time-Barred Tax Reopening Dispute Due to Filing Delay
Case Law Details
- Case Name
- Chief Commissioner of Income Tax Vs Sheetal International Pvt Ltd (Supreme Court of India)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- Supreme Court of India
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Chief Commissioner of Income Tax Vs Sheetal International Pvt Ltd (Supreme Court of India)
The dispute concerned the validity of reassessment proceedings initiated for Assessment Year (AY) 2017–18 under the Income Tax Act, 1961. The assessee challenged an order dated 01.05.2024 issued under Section 148A(d) of the Act and the consequential notice under Section 148, contending that the reassessment proceedings were initiated beyond the period of limitation prescribed under the first proviso to Section 149(1) of the Act.
Read HC Judgment: 10-Year Limit Applies Prospectively, Not Retroactively...
Author Info
