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SC Requests Income Tax Department's Response to Notices Sent to Panel Assisting in Property Sealing
Update / Judgement Date
26 Sept 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
The Supreme Court has sought a response from the Income Tax Department regarding notices issued to a committee assisting the court in sealing residential premises used for commercial purposes. The committee argued that the funds held by them were not taxable income but were meant to be transferred to the Supreme Court registry. The court expressed concern and directed the committee to continue making quarterly deposits of processing fees while asking for action against the tax officer responsible for issuing the notices.