Ita 910/2017 & Cm v. Kabul Chawla_ , 380 Itr 573 (Del.), Set Aside The Assessment
High Court
30 Oct 2017 In favour of: Unclear
Forum / Bench
High Court · dhcdb
Parties
Ita 910/2017 & Cm v. Kabul Chawla_ , 380 Itr 573 (Del.), Set Aside The Assessment
Date of order
30 Oct 2017
Assessment year(s)
—
Outcome
Allowed
Case summary
In Ita 910/2017 & Cm v. Kabul Chawla_ , 380 Itr 573 (Del.), Set Aside The Assessment, the High Court (2017) allowed the appeal.
Decision: The appeal is, therefore, dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
Sections referenced in this judgment
The order — as passed by the High Court
$~29*IN THE HIGH COURT OF DELHI AT NEW DELHI+ITA 910/2017PR. COMMISSIONER OF INCOME TAX (CENTRAL)-2
CORAM:
HON'BLE MR. JUSTICE S. RAVINDRA BHATHON'BLE MR. JUSTICE SANJEEV SACHDEVAO R D E R%30.10.2017
CM No.38874/2017 (exemption)
Exemption is allowed subject to all just exceptions.
-ITA 910/2017 & CM No.38873/2017 (delay in refiling the appeal)
The Revenue is aggrieved by the order of the Income Tax AppellateTribunal (ITAT). The assessee had challenged the re-computation of thecapital gains, under Section 153A of the Income Tax Act.The ITAT,following the decision of this Court in Commissioner of Income Tax vs.Kabul Chawla, 380 ITR 573 (Del.), set aside the assessment.
This Court is of the opinion that no question of law, substantial orotherwise, arises for consideration because the ITAT has merely followedthe ratio in Kabul Chawla (supra).
The appeal is, therefore, dismissed.
S. RAVINDRA BHAT, J
OCTOBER 30, 2017/st
SANJEEV SACHDEVA, J
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