Disposed
Commissioner of Income Tax v. Suryavanshi Finance and Investments P. Ltd.
Telangana HCRC/31/2002
Case brief
AI extract
What is this about?
The court closed a tax reference for falling within the ceiling limit prescribed by CBDT circulars but granted the department liberty to seek restoration if exceptions are found. Pending miscellaneous petitions were closed. No order as to costs.
What did the court decide?
Reference closed; liberty granted to department to seek restoration upon fall within exceptions. Pending miscellaneous petitions closed. No order as to costs.