C.I.T, New Delhi v. M/s Green World Corp
[Citation -2014-LL-0825-59]
| Citation | 2014-LL-0825-59 |
|---|---|
| Appellant Name | C.I.T, New Delhi |
| Respondent Name | M/s Green World Corp. |
| Court | SUPREME COURT |
| Relevant Act | Income-tax |
| Date of Order | 25/08/2014 |
| Judgment | View Judgment |
| Keyword Tags | tax effect • bona fide mistake • wrong statement |
| Bot Summary: | Heard the learned counsel appearing for both the sides. The learned counsel appearing for the appellant has submitted that because of some mistake, a statement was made before the High Court that tax effect involved was Rs.1,21,275/- and as the amount was less, the High Court dismissed the appeal on the aforesaid statement made by the learned counsel for the appellant. It has now been submitted by the learned counsel appearing for the appellant that the statement made before the High Court was incorrect and in fact, the tax effect is more than Rs. 90 lacs. Signature Not Verified For the aforesaid reason, we quash and set aside Digitally signed by Jayant Kumar Arora Date: 2014.08.29 16:47:53 IST the imupugned order dated 20th October, 2010 and remit Reason: the matter to the High Court so that the matter can be heard on merits de-novo. 2 With the above directions, the Civil Appeal is disposed of as allowed with no order as to costs...J. ANIL R. DAVE.J. UDAY UMESH LALIT New Delhi; August 25, 2014. UPON hearing counsel the Court made the following O R D E R Leave granted in SLP 8475 of 2012. The Civil Appeal is allowed in terms of the signed order. |