Supreme Court · 2019 INSC 392 · Decided 15 March 2019
The Principal Commissioner of Income TAX-8 v. M/S Yes Bank LTD.
- Court
- Supreme Court of India
- Citation
- 2019 INSC 392 · [2019] 5 S.C.R. 6
- Case number
- CIVIL APPEAL No. 3148/2019
- Decided
- 15 March 2019
- Bench
- ABHAY MANOHAR SAPRE, DINESH MAHESHWARI (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Income Tax Act Section 35
Headnote
Income Tax Act, 1961 - ss.35-D, 260-A and 263 - Issue was as to whether the respondent-Bank (assessee) is an industrial undertaking so as to entitle them to claim deduction u/s.35-D of the 1961 Act - After the Assessing Officer passed order, by the Commissioner - Income Tax Appellate Tribunal (ITAT) allowed the appeal filed by the respondent - Appeal by the appellant-Revenue in the High Court u/s.260-A of the 1961 Act - Dismissed - On appeal, held: High Court did not frame any substantial question of law as is
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