In Brief
This case involved the Principal Commissioner of Income Tax's appeal against an earlier decision. The Supreme Court disposed of the appeal by relying on its earlier judgment in C.I.T. v. Yokogawa India Limited (2017) 2 SCC 1, decided on 16 December 2016, which established the governing legal principles. As no notice had been issued to the respondent before this Court, the Court made clear that the Assessing Officer would issue the required notice and directed the appellant to serve the judgment to the respondent.
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