Supreme Court dismisses Appeal of Income Tax Department on ground of Low Tax Effect

The Supreme Court dismissed the appeal of the Income tax department on grounds of low tax effect
Income - Tax Income Tax Department - Supreme Court - Supreme Court Dismisses Appeal - taxscan

A two-judge bench of the Supreme Court dismissed the appeal on the ground of low tax effect as being covered by the Circular No. 17 of 2019 issued by the Department of Revenue, Ministry of Finance. The revenue department has challenged the order passed against Jagson International Ltd. Senior Counsel Mr Arijit Prasad appearing for…

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