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Rajasthan Financial Corporation, Udyog Bhawan Tilak Margjaipur Through Managing Director Urmila Rajoria v. The Commissioner Of Income Tax, N.c.r.b. Building Statuecircle Jaipurcircle Jaipur

High Court 25 Feb 2025 In favour of: Revenue
Forum / Bench
High Court · jaipur
Parties
Rajasthan Financial Corporation, Udyog Bhawan Tilak Margjaipur Through Managing Director Urmila Rajoria v. The Commissioner Of Income Tax, N.c.r.b. Building Statuecircle Jaipurcircle Jaipur
Date of order
25 Feb 2025
Assessment year(s)
Outcome
Dismissed

The order — as passed by the High Court

Case summary

In Rajasthan Financial Corporation, Udyog Bhawan Tilak Margjaipur Through Managing Director Urmila Rajoria v. The Commissioner Of Income Tax, N.c.r.b. Building Statuecircle Jaipurcircle Jaipur, the High Court (2025) dismissed the appeal under Section 254 of the Income-tax Act. The decision went in favour of the Revenue.

Decision: The appeal is dismissed as withdrawn with liberty as prayedfor.

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

Sections referenced in this judgment

HIGH COURT OF JUDICATURE FOR RAJASTHAN BENCH AT JAIPUR D.B. Income Tax Appeal No. 348/2018 Rajasthan Financial Corporation, Udyog Bhawan Tilak MargJaipur Through Managing Director Urmila Rajoria ----Appellant Versus 1. The Commissioner Of Income Tax, N.c.r.b. Building StatueCircle JaipurCircle Jaipur 2. Assistant Commissioner Of Income Tax Circle-6, Jaipur ----Respondents For Appellant(s) : Mr.P.K.Kasliwal withMr.Priyesh KasliwalMr.Priyesh KasliwalFor Respondent(s): Mr.Sandeep Pathak HON'BLE MR. JUSTICE AVNEESH JHINGAN HON'BLE MR. JUSTICE PRAMIL KUMAR MATHUR 25/02/2025 Order Learned counsel for the appellant after arguing at lengthseeks permission to withdraw the appeal with liberty to approachthe Tribunal under Section 254 of the Income Tax Act, 1961 withregard to the issue of reassessment being time barred. The appeal is dismissed as withdrawn with liberty as prayedfor. (PRAMIL KUMAR MATHUR),J(AVNEESH JHINGAN),J Monika/38
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