Principal Commissioner of Income Tax (Central)-1 v. Sahara India Financial Corporation Ltd.

Delhi High Court · 21 Jul 2017 · 2017:DHC:8740-DB
S. Muralidhar; Prathiba M. Singh
ITA 435/2017
2017:DHC:8740-DB
tax appeal_dismissed

AI Summary

The Delhi High Court dismissed Revenue's appeals under Section 260A of the Income Tax Act, 1961, holding them misconceived as the ITAT had dismissed the Assessee's cross objections.

Full Text
Translation output
, .
.' $--1 to 9, 12, 14, 25 & 26 HIGH COURT OF DELHI
ITA 435/2017
ITA 436/2017 /
ITA 437/2017
ITA 438/2017
ITA 439/2017
ITA 440/2017
ITAA4112017
ITA 442/2017
ITA 443/2017
ITA 44612017
ITA 448/2017
ITA 459/2017
ITA 460/2017
PRINCIPAL COMMISSIONER OF INCOME (' TAX (CENTRAL)- 1 ..... Appellant
Through: Mr. Sanjay Kumar and Mr. Rahul Kaushik, Advocates.
VERSUS
SAHARA INDIA FINANCIAL CORPORATION LTD. ..... Respondent
Through: Mr. Satyen Sethi and Mr. Arta Trana Panda, Advocates.
CORAM:
JUSTICE S. MURALIDHAR JUSTICE PRATHIBA M. SINGH
0/0 21.07.2017 CM No.22462/2017 (exemption) in ITA No.435/2017
CM No.22463/2017 (exemption) in ITA No.436/2017
CM No.22464/2017 (exemption) in ITA No.437/2017
2017:DHC:8740-DB , ' eM No.22465/2017 (exemption) in ITA No.438/2017 eM No.22466/2017 (exemption) in ITA No.439/2017 eM No.22467/2017 (exemption) in ITA No.440/2017 eM No.22468/2017 (exemption) in ITA No.44112017 eM No.22469/2017 (exemption) in ITA No.442/2017 eM No.22470/2017 (exemption) in ITA No.443/2017 eM No.22473/2017 (exemption) in ITA No.446/2017 eM No.22475/2017 (exemption) in ITA No.448/2017 eM No.22485/2017 (exemption) in ITA No.459/2017 eM No.22486/2017 (exemption) in ITA No.460/2017
·1. Allowed, subject to all just exceptions.
ITA 435/2017, ITA 436/2017, ITA 437/2017, ITA 438/2017, ITA
439/2017, ITA 440/2017, ITA 44112017, ITA 442/2017, ITA 443/2017, ITA 446/2017, ITA 448/2017, ITA 459/2017 & ITA 460/2017
{ . 1. These appeals by the Revenue under Section 260A of the Income Tax
Act, 1961 are directed against the impugned order dated 13th December 2016 passed by the Income Tax Appellate Authority ('ITAT'), dismissing the Assessee's cross objections in the Revenue's appeals before the ITAT.
ORDER

2. The appeals are plainly misconceived since the Assessee's cros&­ objections have been dismissed.

3. Consequently these appeals are dismissed.

S.MURALIDHAR, J ~'H±i:oJ- PRATHIBA M. SING', J JULY 21, 20171dk 2017:DHC:8740-DB