Supreme Court Grants Leave in SME Trust Tax Dispute

Supreme Court condoned delay and granted leave to appeal in a tax case involving SME Loan Receivable Trust.
The petition arose from a Bombay High Court judgment dated February 5, 2025, in appeal number ITXA No. 763/2019.
The Principal Commissioner of Income Tax 23 is the petitioner challenging the High Court's order.
The Court ordered the matter to be tagged with Civil Appeal No. 14783 of 2025 for further hearing.