Judgment briefs
Supreme Court of India

Principal Commissioner of Income Tax-4 & Anr. v. M/s Jupiter Capital Pvt. Ltd.

Income Tax Act, 1961 – s.2(47)

Dismissed
Court
Supreme Court of India
Decided
1 Jan 2025
Citation
[2025] 1 S.C.R. 431
Case no.
SPECIAL LEAVE PETITION (CIVIL) No. 63/2025
Bench
J.b. Pardiwala, R Mahadevan

Issue for consideration

Whether reduction in share capital is covered under “sale, exchange or relinquishment of the asset” used in Section 2(47) of the Income Tax Act, 1961.

Judgment PDF: Principal Commissioner of Income Tax-4 & Anr. v. M/s Jupiter Capital Pvt. Ltd.
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