Supreme Court Upholds Penalty Order: Gyan Chand Jain vs. Commissioner of Income Tax (2022)

/ B.V. Nagarathna, Income Tax Act, 1961, Income Tax Act, 1961 with Section 2(28C), Income Tax Act, 1961 with Section 271(1)(c), Income Tax Act, 1961 with Section 274(2), Judges, M.R. Shah

Supreme Court Upholds Penalty Order: Gyan Chand Jain vs. Commissioner of Income Tax (2022) LEGAL ISSUE: Maintainability of appeal before High Court when tax effect is below prescribed limit. CASE TYPE: Income Tax Appeal Case Name: Late Shri Gyan Chand Jain through LR vs. Commissioner of Income Tax-I [Judgment Date]: April 19, 2022 Date of […]

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