Supreme Court · 2023 INSC 28 · Decided 13 January 2023
K.L. Swamy v. The Commissioner of Income Tax & ANR.
- Court
- Supreme Court of India
- Citation
- 2023 INSC 28 · [2023] 1 S.C.R. 689
- Case number
- CIVIL APPEAL No. 3704/2012
- Decided
- 13 January 2023
- Bench
- M.R. SHAH, C.T. RAVIKUMAR (2-judge bench)
- Outcome
- Case Partly allowed
- Case type
- Civil
- Acts & sections cited
- Income Tax Act Section 158BC, 158BD, 158, 113, 140
Headnote
Income Tax Act, 1961: ss. 158BC, 158BD, 158 BFA(1) - Block assessment - Undisclosed income of any other person - Levy of interest - Assessee belatedly filed return for block period in response to notice u/s. 158BD by including undisclosed income - Absence of any for period prior to 01.06.1999 - Levy of interest u/s. 158BFA(1) by the assessing officer - Sustainability of - Held: Persons other than searched persons' liable to pay interest on late filing of the return u/s.158BC even in the absence of notice u/s. 158BC and even for
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)