In Brief
The Principal Commissioner of Income Tax challenged an earlier Court order in a case involving Makino India Private Limited concerning income tax assessment matters. The Supreme Court, by a two-judge bench, dismissed the appeal by relying on precedent established in the Yokogawa India Limited case decided on 16 December 2016. The Court found that the same legal principles applied and therefore upheld the earlier decision without elaborating separately on the merits.
The lawyer headnote and full judgment text are available to registered users.