Commissioner of Income-tax Vs. Ajay Vijay Traders - Court Judgment |
SooperKanoon Citation | sooperkanoon.com/666152 |
Subject | Direct Taxation |
Court | Supreme Court of India |
Decided On | Jan-25-2001 |
Judge | B.N. Kirpal and; Ruma Pal, JJ. |
Reported in | (2001)167CTR(SC)188; [2001]248ITR100(SC) |
Acts | Income-tax Act, 1961 - Sections 161(1A) and 260A |
Appellant | Commissioner of Income-tax |
Respondent | Ajay Vijay Traders |
Appellant Advocate | D.N. Ray and; Sushma Suri, Advs |
Respondent Advocate | Pallav Shishodia, ; Divyang K. Chhaya and ; Abhijat P. Medh |
1. Special leave granted.
2. After hearing counsel for the parties, we are of the opinion that the High Court should have admitted the appeals under Section 260A of the Income-tax Act, 1961, and decided the cases on merit. We, accordingly, allow the appeals, set aside the judgments of the High Court and restore the appeals filed by the appellant on the board of the High Court. We make it clear that we are not expressing any opinion on the merits of these cases.