SC Slams CBDT for Excess Surcharge Demand; Urges Immediate Software Upgrade

Sunil Bakht Vs ADIT (Supreme Court of India) In the case of Sunil Bakht vs ADIT (Supreme Court of India), the petitioner challenged the imposition of an excess surcharge on income tax for the assessment year 2022-2023. The Special Leave Petition (SLP) was filed after the High Court dismissed the petitioner’s writ on 28.02.2024, citing that an alternative remedy was available. Notably, a similar surcharge issue occurred in the assessment year 2021-2022, and the High Court had then ruled in favor of the petitioner, ordering a refund of Rs. 1.33 Crores. For the current case, the Revenue admitte...