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| The Tax Publishers2020 TaxPub(DT) 2481 (SC) : (2020) 269 TAXMAN 0102 INCOME TAX ACT, 1961
Section 261 Section 145
Where the assessee preferred SLP to appeal against the judgment of Rajasthan High Court in Madhur Vegoils (P) Ltd. v. ITO [D.B. IT Appeal No. 57 of 2018, dt. 22-1-2019], whereby the High Court held that even though the assessee addressed the High Court and cited number of judgments on merits, but in course of arguments it also produced copy of fresh assessment order passed in terms of the order of the Tribunal and in view of the same, it was not appropriate to decide the instant appeal on merits as the fresh assessment order had already been passed in which the assessee was having sufficient opportunity to participate in the proceedings and put forward its case before the AO. Hence, the instant appeal filed by the assessee was dismissed as having become infructuous, the Supreme Court dismissed the SLP.
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Appeal (Supreme Court) - Special leave petition - Method of accounting - Rejection of accounts --- Tribunal remanding matter back to AO for disposal afresh
Assessee preferred SLP to appeal against the judgment of Rajasthan High Court in Madhur Vegoils (P) Ltd. v. ITO [D.B. IT Appeal No. 57 of 2018, dt. 22-1-2019], whereby the High Court held that even though the assessee addressed the High Court and cited number of judgments on merits, but in course of arguments it also produced copy of fresh assessment order passed in terms of the order of the Tribunal and in view of the same, it was not appropriate to decide the instant appeal on merits as the fresh assessment order had already been passed in which the assessee was having sufficient opportunity to participate in the proceedings and put forward its case before the AO. Hence, the instant appeal filed by the assessee was dismissed as having become infructuous. Held: Supreme Court dismissed the SLP.
REFERRED :
FAVOUR : SLP dismissed
A.Y. :
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