The Commissioner Of Income Tax -6 v. Ndtv Media Ltd
High Court
20 Mar 2019 In favour of: Assessee
Forum / Bench
High Court · dhcdb
Parties
The Commissioner Of Income Tax -6 v. Ndtv Media Ltd
Date of order
20 Mar 2019
Assessment year(s)
—
Outcome
Dismissed
Case summary
In The Commissioner Of Income Tax -6 v. Ndtv Media Ltd, the High Court (2019) dismissed the appeal. The decision went in favour of the assessee.
Decision: Accordingly this appeal is 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
* IN THE HIGH COURT OF DELHI AT NEW DELHI
+
ITA 895/2018
THE COMMISSIONER OF INCOME TAX -6 ..... Appellant Through: Mr.Ruchir Bhatia, Advocate.
versus
NDTV MEDIA LTD.
Through:
..... Respondent
Mr.Sachit Jolly, Advocate.
CORAM:
JUSTICE S.MURALIDHAR JUSTICE I.S.MEHTA
%
O R D E R
20.03.2019
1. This appeal by the Revenue is directed against the order dated 20[th]March 2018 passed by the Income Tax Appellate Tribunal (ITAT) in ITA No. 1584/DEL/2015 for Assessment Year (AY) 2007-08.
2. This appeal pertains to the levy of penalty. The issue urged in this appeal is:
“Whether the ITAT erred in deleting the penalty of Rs.1,02,34,155/- imposed by the Assessing officer under section 271(1)(c) of the Income Tax Act, 1961 ignoring the fact that the Assessee had furnished inaccurate particulars of its income?”
3. The corresponding quantum appeal pertaining to this very AY
ITA No. 895/2018 Page 1 of 2
2007-08 being ITA No. 214 of 2019 has been dismissed today by this Court by a separate order. Accordingly this appeal is dismissed.
S. MURALIDHAR, J.
MARCH 20, 2019
tr
I.S.MEHTA, J.
Page 2 of 2
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