In Brief
The Supreme Court dismissed multiple Special Leave Petitions filed by the Commissioner of Income Tax challenging a High Court judgment in an income tax appeal. While finding no substantive infirmity in the High Court's decision, the Court agreed with the Department's challenge regarding paragraph 10 of that judgment, which had imposed costs of Rs. 1 lakh against the Department. The Court held this cost imposition to be unfair and uncalled for, and accordingly expunged paragraph 10. Two matters were listed for further hearing.
The lawyer headnote and full judgment text are available to registered users.