M/S K LAKSHMANYA AND COMPANY vs. COMMISSIONER OF INCOME TAX
The appeal is dismissed in terms of the signed order
C.A. No.-004335-004335 - 2012Supreme Court01 Nov 2017
Bench: HON'BLE MR. JUSTICE ROHINTON FALI NARIMAN
Section 241Section 244
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was dismissed. However, in appeal to the High Court, by the
impugned judgment dated 09.12.2009, the High Court of Karnataka
held that, since waiver of interest was within the discretion of
the Settlement Commission, no right flowed to the assessee to
claim refund as a matter of right under law. In the aforesaid
circumstances, the judgments of the Tribunal
