Supreme Court restricts Bombay HC’s Ruling on Prevailment of Time Limit of S. 153 over S. 144C of Income Tax Act as Precedent [Read Judgement]

By Navasree A.M - On October 2, 2023 3:42 pm - 2 mins read

Supreme Court restricts Bombay HC's Ruling on Prevailment of Time Limit of - Income Tax Act as Precedent - TAXSCAN

A Two-judge bench of Justice B.V. Nagarathna and Justice Ujjal Bhuyan of Supreme Court have restricted the ruling of Bombay High Court on the prevailing time limit of Rs. 153 over Section 144C of the Income Tax Act as the precedent until further orders. The Respondent, Shelf Drilling Ron Tappmeyer Limited, is a company incorporated…

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