New Delhi v. Mps Infotenics Ltd. (Earlier Known As Vishesh Infotecnics Ltd

$~8-10 IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 1050/2018 PR. COMMISSIONER OF INCOME TAX-6, NEW DELHI ..... Appellant Through: Mr. Aseem Chawla, SSC. versus MPS INFOTENICS LTD. (EARLIER KNOWN AS VISHESH INFOTECNICS LTD.) ..... Respondent Through: Mr. Sumit K. Batra, Mr. Manish Khurana & Ms. Priyanka Jindal, Advs. 9+ ITA 1408/2018 & CM APPL. 51409/2018 (311 Days Delay) PR. COMMISSIONER OF INCOME TAX DELHI -6 ..... Appellant Through: Mr. Aseem Chawla, SSC. versus M/S MPS INFOTECHNICS LTD(PREVIOUSLY KNOWN AS M/S VISHESH INFOTECHNICS LTD.) ..... Respondent Through: Mr. Sumit K. Batra, Mr. Manish Khurana & Ms. Priyanka Jindal, Advs. 10 + ITA 1409/2018 & CM APPL. 51412/2018 (311 Days Delay) PR. COMMISSIONER OF INCOME TAX DELHI -6 ..... Appellant Through: Mr. Aseem Chawla, SSC. versus M/S MPS INFOTECHNICS LTD. (PREVIOUSLY KNOWN AS M/S VISHESH INFOTECNICS LTD.) ..... Respondent Through: Mr. Sumit K. Batra, Mr. Manish Khurana & Ms. % Priyanka Jindal, Advs. CORAM:HON'BLE MR. JUSTICE YASHWANT VARMAHON'BLE MR. JUSTICE PURUSHAINDRA KUMAR KAURAV O R D E R15.02.2024 Mr. Chawla, learned counsel appearing in support of these appeals, fairly concedes that the solitary issue with respect to the rate of depreciation stands answered in favour of the assessee in light of the judgment rendered by the Madras High Court in CIT vsComputer Age Management Services (P.) Ltd. [(2019) 109 taxmann.com 134 (Madras)]as well as of our Court in Principal Commissioner of Income-Tax vs Times Internet Ltd. [(2023) SCC OnLine Del 6934]. In view of the aforesaid and following the aforenoted two decisions, these appeals shall stand dismissed. YASHWANT VARMA, J PURUSHAINDRA KUMAR KAURAV, JFEBRUARY 15, 2024/kk