COMMNR. OF INCOME TAX, NEW DELHI vs M/S. NOVELTY JEWELLERS — C.A. No. 1777/2001

Case Summary: Commissioner of Income Tax v. M/s. Novelty Jewellers (C.A. No. 1777/2001) On 12 March 2001, the Supreme Court heard the Commissioner of Income Tax's appeal against a Delhi High Court judgment. The Court allowed the appeal, finding that questions of law did arise but were poorly drafted. The Court set aside the High Court's order and directed the Income Tax Tribunal to re-frame the questions with an appropriate Statement of Case and refer them back to the High Court, with notice to both parties. No costs were awarded. This case analysis is maintained by casestatus.in based on publicly available court records.