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Principal Commissioner Of Incometax (Central)- 1 v. Sahara India Financial Corporation Ltd

High Court 21 Jul 2017 In favour of: Revenue
Forum / Bench
High Court · dhcdb
Parties
Principal Commissioner Of Incometax (Central)- 1 v. Sahara India Financial Corporation Ltd
Date of order
21 Jul 2017
Assessment year(s)
Outcome
Allowed

Case summary

In Principal Commissioner Of Incometax (Central)- 1 v. Sahara India Financial Corporation Ltd, the High Court (2017) allowed the appeal. The decision went in favour of the Revenue.

Decision: Consequently these appeals are dismissed.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

Sections referenced in this judgment

The order — as passed by the High Court

$--1 to 9, 12, 14, 25 & 26 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 435/2017 + ITA 436/2017 / + ITA 437/2017 + ITA 438/2017 + ITA 439/2017 + ITA 440/2017 + ITAA4112017 + ITA 442/2017 + ITA 443/2017 + ITA 44612017 + ITA 448/2017 + ITA 459/2017 + IT A 460/2017 (' PRINCIPAL COMMISSIONER OF INCOMETAX (CENTRAL)- 1 ..... Appellant Through: Mr. Sanjay Kumar and Mr. Rahul Kaushik, Advocates. versus SAHARA INDIA FINANCIAL CORPORATION LTD. . .... Respondent Through: Mr. Satyen Sethi and Mr. Arta Trana Panda, Advocates. CORAM: JUSTICE S. MURALIDHAR JUSTICE PRATHIBA M. SINGH ORDER 0/0 21.07.2017 CM No.22462/2017 (exemption) in ITA No.435/2017 CM No.22463/2017 (exemption) in ITA No.436/2017 CM No.22464/2017 (exemption) in ITA No.437/2017 Signature Not Verified { . ·1. Allowed, subject to all just exceptions. ITA 435/2017, ITA 436/2017, ITA 437/2017, ITA 438/2017, ITA 439/2017, ITA 440/2017, ITA 44112017, ITA 442/2017, ITA 443/2017, ITA 446/2017, ITA 448/2017, ITA 459/2017 & ITA 460/2017 1. These appeals by the Revenue under Section 260A of the Income Tax Act, 1961 are directed against the impugned order dated 13[th ]December 2016 passed by the Income Tax Appellate Authority ('ITAT'), dismissing the Assessee's cross objections in the Revenue's appeals before the ITAT. 2. The appeals are plainly misconceived since the Assessee's cros&-objections have been dismissed. 3. Consequently these appeals are dismissed. S.MURALIDHAR, J PRA THIBA M. SING', J JULY 21, 20171dk
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This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
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