2018 (12) TMI 1712 - SCH - Income Tax

Revision u/s 263 - Whether the order of AO is erroneous nor prejudicial to the interest of the revenue? - CIT could not have remanded the proceedings to the AO to carry out further inquiries in order to ascertain whether the remittances were genuine or were in the nature of hawala transactions - HELD THAT - SLP dismissed.

Summary

Title: Supreme Court of India dismisses Special Leave Petition

- Court: Supreme Court of India
- Citation: 2018 (12) TMI 1712 - SC
- Justices: A.K. Sikri and S. Abdul Nazeer
- Petitioner's Counsel: Mr. A.N.S. Nadkarni, Mr. Devashish Bharuka, Mr. H.R. Rao, Mrs. Anil Katiyar
- Respondent: None
- Decision: Delay condoned, Special Leave Petition dismissed
- Pending applications disposed of