2020 (1) TMI 343 - SCH - Income Tax

Addition u/s 68 - Difference of opening cash and debtor balances - Rejection of books of accounts u/s 145(3) - Addition of agriculture income as income from other sources - Considering the interest income as income from other sources - Disallowance of deduction u/s 80C - HELD THAT - Petitioner seeks permission to withdraw this special leave petition along with pending applications therein due to low tax effect.Permission granted subject to just exceptions. The special leave petition and pending applications are dismissed as withdrawn leaving question(s) of law open

Summary

The Supreme Court allowed the petitioner to withdraw the special leave petition and pending applications due to low tax effect. The petition and applications were dismissed as withdrawn, leaving questions of law open.