Limited v. Deputy Commissioner Of Income Tax

$~26 & 27 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 17958/2024 + W.P.(C) 17968/2024 NORTEL NETWORKS INDIA PRIVATE LIMITED .....Petitioner Through: Mr. Kamal Sawhney, Mr. Nikhil Agarwal, Mr. Puru Medhira, Advocates. versus DEPUTY COMMISSIONER OF INCOME TAX & ANR. .....Respondents Through: Mr. Abhishek Maratha, SSC; Mr. Apoorv Agarwal, JSC; Mr. Parth Samwal, JSC with Ms. Nupur Sharma, Mr. Gaurav Singh, Mr. Bhanukaran Singh Jodha, Ms. Muskaan Goel, Mr. Himanshu Gaur, Advocates. % CORAM:HON'BLE MR. JUSTICE VIBHU BAKHRUHON'BLE MR. JUSTICE TEJAS KARIAO R D E R09.07.2025 1.The petitioner has filed the present petitions, inter alia, praying that this court pass an order declaring that the assessment proceedings have become time barred and consequentially allow the petitioner’s claim for refund of the tax paid alongwith interest. 2.Undisputedly, the assessment proceedings for the Assessment Years [AYs] 2003-04 and 2004-05 are time barred. 3.In view of the above, this court had issued notice on 13.01.2025. The learned counsel for the Revenue had accepted notice and had sought time to file an affidavit clearly stating as to when the refund due to the petitioner would be disbursed. 4.Although the petitions had been listed on several occasions thereafter, the same were adjourned and no effective hearing took place. 5.The learned counsel appearing for the Revenue states on instructions that the refund due to the petitioner alongwith interest will be processed within a period of twelve weeks. The Revenue is bound by the said statement. 6.In view of the above, no further orders are required to be passed in the present petitions. The same are disposed of accordingly. VIBHU BAKHRU, J JULY 9, 2025/sms TEJAS KARIA, J Click here to check corrigendum, if any