Income Tax Act: Rajasthan High Court Grants Immunity to G R Infraprojects Limited.

In a significant ruling, the Rajasthan High Court, in the case of G R Infraprojects Limited vs. Assistant Commissioner Of Income-Tax, Circle-2, Aaykar Bhawan, Subcity Center, Savina, Udaipur Rajasthan, has granted immunity to the petitioner, G R Infraprojects Limited, under Section 270AA of the Income Tax Act. The case revolves around the imposition of a penalty under Section 270A in connection with the deduction of education cess. Background: G R…