Case LawHigh Court › Sumit Financial Services Pvt. Ltd v. Dep...

Sumit Financial Services Pvt. Ltd v. Deputy Director Of Income Tax

High Court 01 Dec 2017 In favour of: Revenue
Forum / Bench
High Court · dhcdb
Parties
Sumit Financial Services Pvt. Ltd v. Deputy Director Of Income Tax
Date of order
01 Dec 2017
Assessment year(s)
Outcome
Dismissed

Case summary

In Sumit Financial Services Pvt. Ltd v. Deputy Director Of Income Tax, the High Court (2017) dismissed the appeal. The decision went in favour of the Revenue.

Decision: In view of the statement made, this writ petition is dismissed aswithdrawn with liberty as prayed for.

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

The order — as passed by the High Court

$~23 *IN THE HIGH COURT OF DELHI AT NEW DELHI +W.P.(C) 10700/2017 & CM APPL. Nos. 43858-59/2017 SUMIT FINANCIAL SERVICES PVT. LTD..... PetitionerThrough :Mr. Salil Kapoor, Ms.Soumya Singh,Mr.Sumit Lalchandani, Advocates. versusDEPUTY DIRECTOR OF INCOME TAX..... RespondentThrough :Mr. Zoheb Hossain, SSC forRevenue. CORAM:HON'BLE MR. JUSTICE SANJIV KHANNAHON'BLE MS. JUSTICE PRATHIBA M. SINGHO R D E R %01.12.2017 After some hearing, learned counsel for the petitioner seeks liberty towithdraw the present writ petition and states that, if required, he would raisethe challenge to the reopening of the assessment in the appellateproceedings. In view of the statement made, this writ petition is dismissed aswithdrawn with liberty as prayed for. We clarify that we have not expressed any opinion on the merits. SANJIV KHANNA, J DECEMBER 01, 2017j PRATHIBA M. SINGH, J
Facing a similar income-tax issue?
Our CA-led litigation team handles notices, scrutiny, penalties and appeals (CIT(A) & ITAT) end-to-end.
✅ Get help with an income-tax notice → 💬 Ask our CA
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.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation. Full disclaimer & Terms.
Contact Careers Media / Press · Privacy Terms Refund Cancellation Cookies Disclaimer
© 2026 EaseValue Advisors LLP · LLPIN ACN-4920 · Jaipur, Rajasthan