Supreme Court of India · 2022-01-03
Kerala State Beverages Manufacturing ... vs The Assistant Commissioner Of Income ...
- Court
- Supreme Court of India
- Petitioner
- Kerala State Beverages Manufacturing ...
- Respondent
- The Assistant Commissioner Of Income ...
- Author
- R. Subhash Reddy
- Bench
- Hrishikesh Roy, R. Subhash Reddy
Judgment text excerpt
The Supreme Court addressed the appeals by Kerala State Beverages Manufacturing & Marketing Corporation Ltd. against the Assistant Commissioner of Income Tax regarding tax assessments. The court examined the applicability of certain provisions of the Income Tax Act and the validity of the assessments made by the tax authorities. Ultimately, the court upheld the assessments, affirming the tax liabilities of the corporation as per the statutory provisions.