Teva Pharmaceutical Industries Ltd v. Deputy Commissioner Of Income Tax
High Court
08 Mar 2019 In favour of: Revenue
Forum / Bench
High Court · dhcdb
Parties
Teva Pharmaceutical Industries Ltd v. Deputy Commissioner Of Income Tax
Date of order
08 Mar 2019
Assessment year(s)
—
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In Teva Pharmaceutical Industries Ltd v. Deputy Commissioner Of Income Tax, the High Court (2019) dismissed the appeal. The decision went in favour of the Revenue.
Decision: This writ petition is dismissed as withdrawn.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
$~59
* IN THE HIGH COURT OF DELHI AT NEW DELHI
+
W.P.(C) 6535/2017 & CM No. 11038/2019
TEVA PHARMACEUTICAL INDUSTRIES LTD. .. Petitioner Through : Mr. Balbir Singh, Sr. Adv. with Mr. Prakash Kumar, Ms.Monica Benjamin and Ms.Rashmi Singh, Advs.
versus
DEPUTY COMMISSIONER OF INCOME TAX,
CIRCLE 3(1)(1), INTERNATIONAL TAXATION, NEW DELHI ..... Respondent Through : Mr. Himanshu S. Sinha, Spl. Counsel with Mr. Bhuwan Dhoopar and Mr. Zohaib Hussain, Advs.
CORAM:HON'BLE MR. JUSTICE S. RAVINDRA BHAT HON'BLE MR. JUSTICE PRATEEK JALAN
O R D E R% 08.03.2019
Learned Senior Counsel for the petitioner submits that he has instructions to withdraw the present writ petition in view of the circumstance that the petitioner has approached the Authority for Advance Rulings (AAR). He further submits that the AAR may be requested to dispose of the application before it at the earliest preferably within six weeks.
This court is of the opinion that such a direction cannot be
issued; nevertheless the AAR may examine the feasibility of the same and deal with the application expeditiously in accordance with law. All rights and contentions of the parties are reserved.
This writ petition is dismissed as withdrawn. Pending application also stands dismissed.
The date of 29.03.2019, already fixed in this petition, stands cancelled.
S. RAVINDRA BHAT, J
MARCH 08, 2019 aj
PRATEEK JALAN, J
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