The Commissioner Of Income Tax v. Anil Kumar Bansal

$~47 to 49, 53, 55 to 62 * IN THE HIGH COURT OF DELHI AT NEW DELHI Decided on: 8[th] January, 2015 + ITA 669/2009 THE COMMISSIONER OF INCOME TAX ..... Appellant versus ANIL KUMAR BANSAL ..... Respondent + ITA 670/2009 THE COMMISSIONER OF INCOME TAX ..... Appellant versus ANIL KUMAR BANSAL ..... Respondent + ITA 711/2009 THE COMMISSIONER OF INCOME TAX ..... Appellant versus SADHU RAM AGGARWAL ..... Respondent + ITA 1075/2009 THE COMMISSIONER OF INCOME TAX XIII ..... Appellant versus BHARAT BHUSHAN JAIN ..... Respondent + ITA 1318/2009 THE COMMISSIONER OF INCOME TAX versus ..... Appellant SUNIL JAIN ..... Respondent + ITA 196/2010 THE COMMISSIONER OF INCOME TAX ..... Appellant versus ANU AGGARWAL ..... Respondent + ITA 198/2010 THE COMMISSIONER OF INCOME TAX ..... Appellant versus GAURI SHANKAR AGGARWAL ..... Respondent + ITA 279/2010 COMMISSIONER OF INCOME TAX ..... Appellant versus SANJAY RAI CHOWDHARY ..... Respondent + ITA 777/2010 THE COMMISSIONER OF INCOME TAX ..... Appellant versus GALLRI DEVI ..... Respondent + ITA 1145/2010 CIT ..... Appellant versus RASHMI MONGA ..... Respondent + ITA 1313/2010 COMMISSIONER OF INCOME TAX ..... Appellant versus MONIKA SAXENA ..... Respondent + ITA 1326/2010 COMMISSIONER OF INCOME TAX ..... Appellant versus MONIKA SAXENA ..... Respondent Presence : Mr. Rohit Madan, Mr.Ruchir Bhatia and Mr.Akash Vajpai, Advocates for the Revenue in ITA Nos. 669/2009, 670/2009, 711/2009, 1075/2009, 1318/2009, 196/2010, 198/2010 279/2010, 777/2010 1145/2010, 1313/2010 & 1326/2010. Mr. Pranjal Srivastava and Mr. V.M.Chaurasia, Advocates for respondent in ITA Nos. 669/2009, 670/2009 and 1075/2009. Mr. Salil Kapoor & Mr. Vikas Jain, Advocates for respondents in ITA Nos. 711/2009 and 1145/2010. Mr.Piyush Kaushik, Advocate for respondent in ITA No. 1318/2009 Dr. Rakesh Gupta, Ms.Poonam Ahuja, Mr.Mukul Mathur, Advocates for the respondent in ITA No. 279/2010. CORAM: HON'BLE MR. JUSTICE S. RAVINDRA BHAT HON'BLE MR. JUSTICE R.K.GAUBA MR. JUSTICE S. RAVINDRA BHAT (OPEN COURT) % For detailed judgment, the decision dated 08.01.2015 in ITA No.648/2009 may be referred to. JANUARY 08, 2015 mr S. RAVINDRA BHAT (JUDGE) R.K.GAUBA (JUDGE)