Tax, Delhi-4 v. M/S Mmtc Ltd
High Court
09 Feb 2024 In favour of: Unclear
Forum / Bench
High Court · dhcdb
Parties
Tax, Delhi-4 v. M/S Mmtc Ltd
Date of order
09 Feb 2024
Assessment year(s)
—
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In Tax, Delhi-4 v. M/S Mmtc Ltd, the High Court (2024) dismissed the appeal.
Decision: Consequently, the appeal shall stand dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
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* IN THE HIGH COURT OF DELHI AT NEW DELHI+ ITA 508/2022
PRINCIPAL COMMISSIONER OF INCOME
TAX, DELHI-4
..... Appellant Through: Mr. Gaurav Gupta, SSC with Mr. Shivendra Singh, Mr. Puneett Singhal, JSCs, Ms. Mahima Garg & Ms. Deepika Goyal, Advs.
versus
M/S MMTC LTD.
..... Respondent Through: Mr. Rohit Jain, Mr. Aniket D. Agrawal & Mr. Abhishek Singhvi, Advs.
CORAM:HON'BLE MR. JUSTICE YASHWANT VARMAHON'BLE MR. JUSTICE PURUSHAINDRA KUMAR KAURAV
O R D E R09.02.2024
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Mr. Gupta, learned counsel appearing for the appellant, fairly concedes that the questions which are proposed for our consideration stand answered against the Revenue in light of the judgment rendered by the Supreme Court in South Indian Bank Ltd. vs Commissioner of Income Tax [(2021) 10 SCC 153].
Consequently, the appeal shall stand dismissed.
YASHWANT VARMA, J.
PURUSHAINDRA KUMAR KAURAV, J.FEBRUARY 9, 2024/kk
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