Shri Surjit Singh, Mohali vs Pr.Cit-1, Chandigarh on 4 August, 2022
6 .3 . 1 I n vi ti ng a t te n ti on to th e d e ci si on of th e Ap e x C ou r t i n
th e ca se of Sanjiv Lal Vs C IT ( ci te d su p ra ), it wa s hi s
su b mis si on t ha t t hi s d e c is io n i s th e l a te s t i n p oi nt of ti me . It
w a s s ub mi tte d tha t i t h a s a ls o b ee n re n de re d on 0 1 .0 7 .2 0 1 4
a n d i s i n the co n te xt of th e re le va n t p ro vi si ons w hi ch a p pl y to
th e fa c ts of the pr e se n t ca se a s i n th e fa c ts of th is d e c i si on, the
H on' bl e Ape x C ou r t w a s c ons id e ri n g S e c ti on 5 4 of th e I n come
Ta x Ac t r e a d wi th Se cti on 2 ( 4 7 ). Th e f a cts a n d c i rc ums ta nc e s
w i th th e pre se n t ca s e , i t w a s s ubmi tte d , a r e ne a r i d e n ti ca l .
6 .4 Th i s d e c is io n, i t w a s sub mi tte d, h a s b ee n re lie d up on
b e f ore the l d . P C I T a nd t he sa i d d e c is i on ha s n e i the r be en
d is ti ng ui sh e d b y th e l d. P CI T i n t he o rde r n or h as th e l d .