The Tax Publishers2020 TaxPub(DT) 0707 (SC)

INCOME TAX ACT, 1961

Section 261 Income Tax Act, 1961

Where the department preferred SLP to appeal against the judgment of Karnataka High Court in Pr. CIT v. UAE Exchange & Financial Service Ltd. [ITA. No. 73/2016, dt. 29-6-2018] : 2018 TaxPub(DT) 4229 (Karn-HC), whereby the High Court held that mere dissatisfaction with the findings of facts arrived at by Tribunal was not at all a sufficient reason to invoke section 260A, therefore, appeal filed by revenue did not give rise to substantial question of law. The Supreme Court dismissed the SLP as withdrawn, leaving the question of law open.

Appeal (Supreme Court) - Special leave petition - Appeal to High Court - Maintainability--Substantial question of law

Where the department preferred SLP to appeal against the judgment of Karnataka High Court in Pr. CIT v. UAE Exchange & Financial Service Ltd. [ITA. No. 73/2016, dt. 29-6-2018] : 2018 TaxPub(DT) 4229 (Karn-HC) whereby the High Court held that mere dissatisfaction with the findings of facts arrived at by Tribunal was not at all a sufficient reason to invoke section 260A, therefore, appeal filed by revenue did not give rise to substantial question of law.Held: The Supreme Court dismissed the SLP as withdrawn, leaving the question of law open.

REFERRED :

FAVOUR : SLPdismissed.

A.Y. :



IN THE SUPREME COURT OF INDIA

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