2018 (8) TMI 931 - SCH - Income Tax

Reopening of assessment - allowability of interest income u/s 80IA - power of AO to examine the issue which was not part of reason recorded for reopening of assessment - Held that - SLP is dismissed on the ground of low tax effect.

Summary

The Supreme Court of India dismissed the special leave petition due to low tax effect. Delay was condoned and pending applications were disposed of accordingly.