The Pr. Commissioner of Income Tax-4 v. Gunvardhan Vyapar Pvt. Ltd.

Delhi High Court · 21 Apr 2017 · 2017:DHC:8753-DB
S. Muralidhar; Chander Shekhar
ITA 242/2017
2017:DHC:8753-DB
tax appeal_dismissed

AI Summary

The Delhi High Court dismissed the Revenue's income tax appeals as the issues raised were already decided against it by binding precedents.

Full Text
Translation output
HIGH COURT OF DELHI
ITA 242/2017
THE PR. COMMISSIONER OF INCOME TAX-4 Appellant
Through Puneet Rai, Standing Counsel
VERSUS
GUNVARDHAN VYAPAR PVT. LTD. Respondent
Through Mr. Shashwat Bajpai and Mr. Sharad Agarwal, Advocates
AND
, ^ITA 243/2017 THE PR. COMISSIONER OF INCOME TAX-4 Appellant
Through Puneet Rai, Standing Counsel
VERSUS
GUNVARDHAN VYAPAR PVT. LTD. Respondent
Through Mr. Shashwat Bajpai and Mr. Sharad Agarwal, Advocates
CORAM: JUSTICE S.MURALIDHAR JUSTICE CHANDER SHEKHAR
21.04.2017 CM No. 12140/2017 in ITA 242/2017
ORDER

1. Exemption allowed subject to all just exceptions.

2. The application stands disposed of. ITA Nos. 242/2017 £ 243/2017 Page 1 of[2] 2017:DHC:8753-DB a ITA 242/2017 and TTA 243/2017

3. It is not disputed tliat the issues raised in tlie present appeals by tlie Revenue standanswered againsttheRevenue by thejudgmentsofthis Court m CITv. KabulChttwla380ITR573, CITvs. RRJSecuMesLtd. (2015)

62 Taxmam.com391(Del) and the orderdated 11thApril 2017in ITA NO. 228 of 2017 (Principal Commissioner of Income Tax (CentraD-I v. DevenderKumarAggarwal).

4. Accordingly, the appeals are dismissed.

S.MURALIDHAR,J P APRIL 21,2017/b CHANDER SHEKHAR, J ITANos. 242/2017&243/2017 Page 2 of[2]