M/S. VELOCIENT TECHNOLOGIES LTD. v. COMMISSIONER OF INCOME TAX

Delhi High Court · 14 May 2015 · 2015:DHC:4284-DB

S. RAVINDRA BHAT; R.K. GAUBA

ITA 1406/2006

2015:DHC:4284-DB

tax other Significant

AI Summary

The Delhi High Court disposed of connected income tax appeals between Velocient Technologies Ltd. and the Commissioner of Income Tax by applying principles of proper tax assessment and procedural fairness as elaborated in a related judgment.

Full Text

ITA 1406/2006 AND CONNECTED MATTERS Page 1
HIGH COURT OF DELHI

Reserved on: 19.03.2015 Pronounced on: 14.05.2015

ITA 1406/2006
M/S. VELOCIENT TECHNOLOGIES LTD. ………Appellant

VERSUS

COMMISSIONER OF INCOME TAX ……..Respondent

ITA 1342/2009
COMMISSIONER OF INCOME TAX ………Appellant

VERSUS

VELOCIENT TECHNOLOGIES LTD. ……..Respondent
Through: Sh. Kamal Sawhney, Sr. Standing Counsel and Sh. Sanjay Kumar, Jr. Standing
Counsel, for the Revenue.
Sh. Salil Aggarwal and Sh. Prakash Kumar, Advocates, for Velocient Technologies Ltd.

CORAM:

HON'BLE MR. JUSTICE S. RAVINDRA BHAT
HON'BLE MR. JUSTICE R.K. GAUBA MR. JUSTICE S. RAVINDRA BHAT
For detailed

JUDGMENT

, the decision dated 14.05.2015 in ITA
983/2006 may be referred to.
S. RAVINDRA BHAT (JUDGE)
R.K. GAUBA (JUDGE)
MAY 14, 2015 2015:DHC:4284-DB

M/S. VELOCIENT TECHNOLOGIES LTD. v. COMMISSIONER OF INCOME TAX

AI Summary

Full Text

JUDGMENT

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