Pr. Commissioner Ofincome Tax-04 v. Gap International Sourcing (India) Pvt. Ltd
High Court
21 Aug 2017 In favour of: Assessee
Forum / Bench
High Court · dhcdb
Parties
Pr. Commissioner Ofincome Tax-04 v. Gap International Sourcing (India) Pvt. Ltd
Date of order
21 Aug 2017
Assessment year(s)
2006-07, 2007-08
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In Pr. Commissioner Ofincome Tax-04 v. Gap International Sourcing (India) Pvt. Ltd, the High Court (2017) dismissed the appeal. The decision went in favour of the assessee.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
Sections referenced in this judgment
$~38
*IN THE HIGH COURT OF DELHI AT NEW DELHI
+ITA No. 692/2017
PR. COMMISSIONER OFINCOME TAX-04..... AppellantThrough:Mr. Zoheb Hossain, Senior Standingcounsel for Revenue.
versus
GAP INTERNATIONAL SOURCING (INDIA) PVT. LTD.
..... Respondent
Through:Mr. Kamal Sawhney, Mr.ShikharGarg, Advocate.
CORAM:JUSTICE S.MURALIDHARJUSTICE PRATHIBA M. SINGH
O R D E R%21.08.2017
-CAV 740/2017 (under Section 148A CPC)
1. Since the Caveator has put in appearance, the caveat notice standsdisposed of.
-C.M. No. 29667/2017 (Delay in refiling)
2. For the reasons stated in the application , the delay of 39 days in re-filingthis appeal is condoned. The application is accordingly disposed of.
ITA No. 692/2017
3. The penalty for the Assessment Year (‘AY’) 2006-07 was deleted by theITAT and that was affirmed by this Court by dismissing the Revenue’s
appeal being ITA 185/2017 by the order dated 24[th]April, 2017. Thequantum order was common to both the AY 2006-07 as well as the currentAY 2007-08.
4. Consequently, no substantial question of law arises as far as the deletionof the penalty for the present AY 2007-08 is concerned. Accordingly, thisappeal stands dismissed.
S. MURALIDHAR, J.
AUGUST 21, 2017j
PRATHIBA M. SINGH, J.
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