Supreme CourtDivision Bench

Income Tax Officer Ward 2(2) vs Bihar State Financial Corporation

Supreme Court Of India · Decided on 4 December 2019 · Citation: (2019) 12 SC CK 0153

HON’BLE JUDGES
D.Y. Chandrachud, J · Hemant Gupta, J
RESULT
Disposed Of
CASE NUMBER
Review Petition (C) No. 1769 Of 2019 In Special Leave Petition (C) No. 775 Of 2019, Review Petition (C) No 1770 Of 2019 In Special Leave Petition (C) No 776 Of 2019
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Judgment

8 paragraphs · 166 words

R.P.(C) No. 1769/2019 in SLP(C) No. 775/2019

The Special Leave Petition was dismissed on 2 January 2019 on the ground that the tax effect is less than Rupees One Crore on the basis of a CBDT circular.

Mr Vikramjit Banerjee, learned Additional Solicitor General has adverted to the relevant part of the paper book to indicate that the tax effect for the assessment year 2007-08 is Rs 2.94 crores (approximately).

In the above circumstances, we recall the order dated 2 January 2019 dismissing the Special Leave Petition (C) No 775 of 2019 on the ground of low tax effect. The Special Leave Petition is restored to the file.

Tag with Civil Appeal No 152 of 2015.

R.P.(C) No. 1770/2019 in SLP(C) No. 776/2019

Mr Vikramjit Banerjee, learned Additional Solicitor General states fairly that since the tax effect is Rs 47 lakhs (approximately), it is not necessary for the Court to entertain the present proceedings in view of the CBDT circular.

The Review Petition is accordingly dismissed.