Case Law › High Court › The Commissioner Of Income Tax v. M/S P....

The Commissioner Of Income Tax v. M/S P.n.b. Housing Finance Ltd

High Court 02 Jul 2019 In favour of: Assessee

Forum / Bench

High Court · dhcdb

Parties

Date of order

02 Jul 2019

Assessment year(s)

—

Outcome

Dismissed

Case summary

In The Commissioner Of Income Tax v. M/S P.n.b. Housing Finance Ltd, the High Court (2019) dismissed the appeal. The decision went in favour of the assessee.

Decision: The appeals are accordingly dismissed.

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

The order — as passed by the High Court

$~R-24 to 26 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 992/2005 THE COMMISSIONER OF INCOME TAX ..... Appellant Through: Mr. Shailendera Singh & Ms. Vibhooti Malhotra, Advocates versus M/S P.N.B. HOUSING FINANCE LTD.. Through: None ..... Respondent + ITA 173/2006 THE COMMISSIONER OF INCOME TAX ..... Appellant Through: Mr. Shailendera Singh & Ms. Vibhooti Malhotra, Advocates versus M/S PNB HOUSING FINANCE LTD.. Through: None ..... Respondent + ITA 184/2006 THE COMMISSIONER OF INCOME TAX ..... Appellant Through: Mr. Shailendera Singh & Ms. Vibhooti Malhotra, Advocates versus M/S PNB HOUSING FINANCE LTD.. Through: None ..... Respondent CORAM: JUSTICE S.MURALIDHAR JUSTICE TALWANT SINGH % O R D E R02.07.2019 1. In view of the decision dated 19[th] July 2007 of the Supreme Court in Commissioner of Income Tax v. Corporation Bank (2008) 166 Taxman 388 (SC) and the decision dated 29[th] May 2008 of this Court in ITA No. 323/2002 Director International Tax of Income Tax v. M/s. Standard Chartered Grindlays, the questions of law framed in these appeals are answered against the Revenue in favour of the Assessee. 2. The appeals are accordingly dismissed. S. MURALIDHAR, J. JULY 02, 2019 mw TALWANT SINGH, J.

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