In Mansarover Investment Ltd v. The Commissioner Of Income Tax Through, the High Court (2019) dismissed the appeal. The decision went in favour of the Revenue.
Decision: Accordingly, the appeal is dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
$~48
* IN THE HIGH COURT OF DELHI AT NEW DELHI
+ ITA 876/2008
MANSAROVER INVESTMENT LTD.
..... Appellant
Through: None.
versus
THE COMMISSIONER OF INCOME TAX Through:
..... Respondent
Mr.Sanjay Kumar, Advocate.
CORAM:
JUSTICE S.MURALIDHAR JUSTICE I.S.MEHTA
O R D E R% 04.04.2019
1. None appears for the Appellant.
2. Counsel for the Respondent points out that the questions of law framed by this Court on 25[th] July 2008 stand answered in favour of the Revenue by the order of the Supreme Court in Maxopp Investment Ltd. v. Commissioner of Income Tax (2018) 402 ITR 640 (SC). Accordingly, the appeal is dismissed.
S. MURALIDHAR, J.
APRIL 04, 2019 / tr
I.S. MEHTA, J.
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