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 Income Tax Addition Made Towards Unsubstantiated Share Capital Is Eligible For Section 80-IC Deduction: Delhi High Court

Commissioner Of Income Tax (Tds) vs M/s Jai Prakash Associates Ltd.
July, 18th 2018
     ITEM NO.3                               COURT NO.9               SECTION XI

                                   S U P R E M E C O U R T O F     I N D I A
                                           RECORD OF PROCEEDINGS

                          SPECIAL LEAVE PETITION (CIVIL) Diary No(s). 21530/2018

     (Arising out of impugned final judgment and order dated 22-08-2017
     in ITA No. 114/2015 passed by the High Court Of Judicature At
     Allahabad, Lucknow Bench)

     COMMISSIONER OF INCOME TAX (TDS)                                     Petitioner(s)

                                                     VERSUS

     M/S JAI PRAKASH ASSOCIATES LTD.                                      Respondent(s)

     (FOR ADMISSION and I.R. and IA No.82964/2018-CONDONATION OF DELAY
     IN FILING and IA No.82965/2018-EXEMPTION FROM FILING C/C OF THE
     IMPUGNED JUDGMENT)






     WITH
     Diary No(s). 21539/2018 (XI)
     (IA   No.87678/2018-CONDONATION   OF  DELAY   IN   FILING   and   IA
     No.87680/2018-EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT)

     Date : 13-07-2018 These matters were called on for hearing today.

     CORAM :
                             HON'BLE MR. JUSTICE ROHINTON FALI NARIMAN
                             HON'BLE MS. JUSTICE INDU MALHOTRA

     For Petitioner(s)                   Mr. K. Radhakrishnan, Sr. Adv.
                                         Ms. Meenakshi Grover, Adv.
                                         Mr. H.R. Rao, Adv.
                                         Mrs. Anil Katiyar, AOR

     For Respondent(s)


                              UPON hearing the counsel the Court made the following
                                                 O R D E R






                         Applications seeking exemption from filing certified copy of

     the impugned order are allowed.

                         Delay condoned.
Signature Not Verified

Digitally signed by R
NATARAJAN
Date: 2018.07.13
                         Issue notice.
16:47:16 IST
Reason:




     (R. NATARAJAN)                                                  (SAROJ KUMARI GAUR)
     COURT MASTER (SH)                                                  BRANCH OFFICER

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