In M/S Appreciate Fincap Pvt. Ltd v. Deputy Commssioner Of Income Tax, the High Court (2019) dismissed the appeal. The decision went in favour of the Revenue.
Decision: After substantial arguments, since we are inclined to dismiss the writpetition, learned counsel for the Petitioner on instructions seeks leave towithdraw the writ petition.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
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*IN THE HIGH COURT OF DELHI AT NEW DELHI+W.P.(C) 12832/2019 & CM APPLs. 52406-52407/2019
M/S APPRECIATE FINCAP PVT. LTD.
..... PetitionerThrough:Mr. Kapil Goel and Mr. DhananjayGarg, Advocates.
versus
DEPUTY COMMSSIONER OF INCOME TAX
..... Respondent
Through:Mr. Deepak Anand, Senior StandingCounsel with Mr. Vipul Agarwal,Advocate.
CORAM:HON'BLE MR. JUSTICE VIPIN SANGHIHON’BLE MS. JUSTICE REKHA PALLIO R D E R
%06.12.2019
1. After substantial arguments, since we are inclined to dismiss the writpetition, learned counsel for the Petitioner on instructions seeks leave towithdraw the writ petition.
2. Dismissed as withdrawn.
3. It shall be open to the Petitioner to raise its pleas during the course ofassessment before the Assessing Officer.
VIPIN SANGHI, J
DECEMBER 06, 2019
nk
REKHA PALLI, J
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