PR. Commissioner of Income Tax v. Satkar Roadlines Pvt. Ltd.

Delhi High Court · 12 Jan 2016 · 2016:DHC:8462-DB
S. Muralidhar; Vibhu Bakhru
ITA 60/2016
2016:DHC:8462-DB
tax appeal_dismissed

AI Summary

The Delhi High Court dismissed multiple income tax appeals as not pressed by the Revenue following the CBDT Circular No. 24/2015 clarifying recording of satisfaction notes under Sections 158BD and 153C of the Income Tax Act.

Full Text
Translation output
$- HIGH COURT OF DELHI 5.
ITA 60/2016
PR.COMMISSIONER OFINCOME TAX
(CENTRAL-2) • Appellant
Through: Ms Suruchi Aggarwal, Senior Standing
Counsel, Ms Vibhooti Malhotra, Junior Standing
Counsel and MsRadhika Gupta,Advocate.
VERSUS
SATKAR ROADLINESPVT.LTD.
(NOW KNOWN L; AS ADEN MARKETING pvt.LTD.) Respondent
Through
WITH
6.
ITA 61/2016
(CENTRAL-2) ..... Appellant
VERSUS
r SATKAR ROADLINES PVT.LTD.
AS ADEN MARKETINGPVT.LTD.) Respondent
Through
WITH
7.
ITA 62/2016
(CENTRAL-2) Appellant
ITA 60/2016& other connected matters Page 1 of3
2016:DHC:8462-DB
VERSUS
8.
SATKAR ROADLINES PVT.LTD.
Through
WITH
ITA 63/2016
PR.COMMISSIONER OF INCOME TAX Counsel and Ms Radhika Gupta,Advocate.
VERSUS
Through AND 9.
ITA 64/2016
Counsel and Ms Radhika Gupta,Advocate.
VERSUS
AS ADEN MARKETING PVT.LTD.) Respondent
Through
ITA 60/2016& other connected matters Page2of3
CORAM:
JUSTICE S.MURALIDHAR JUSTICE VIBHU BAKHRU
12.01.2016 CM No.979/2016 in ITA 60/2016 CM No.980/2016 in ITA 61/2016
CM No.981/2016 in ITA 62/2016 CM No.982/2016 in ITA 63/2016
CM No.983/2016 in ITA 64/2016
ORDER

1. Allowed,subjectto alljust exceptions.

2. The application stands disposed of. ITA Nos.60/2016.61/2016.62/2016.63/2016&64/2016

3. It is stated by Ms Suruchi Aggarwal, Senior Standing Counsel for the Revenue, that in light of the Circular No. 24/2015 dated 31®' December, 2015 issued by the Central Board ofDirect Taxes on the subject"Recording of satisfaction note under Section 158BD/153C ofthe Act", these appeals are not pressed.

4. These appeals are,accordingly,dismissed as not pressed.

S.MURAL1DHAR,J VIBHU BAKHRU,J JANUARY 12,2016/MK ITA 60/2016& other connected matters Page2of[3]