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The Pr. Commisioner Of Income Tax, Gurgaon v. M/S Jindal Steel And Power Limited

High Court 16 Jul 2019 In favour of: Revenue
Forum / Bench
High Court · phhc
Parties
The Pr. Commisioner Of Income Tax, Gurgaon v. M/S Jindal Steel And Power Limited
Date of order
16 Jul 2019
Assessment year(s)
2011-2012
Outcome
Allowed

Case summary

In The Pr. Commisioner Of Income Tax, Gurgaon v. M/S Jindal Steel And Power Limited, the High Court (2019) allowed the appeal. The decision went in favour of the Revenue.

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

IN THE HIGH COURT OF PUNJAB AND HARYANAAT CHANDIGARH) 113 ITA No. 66 of 2019 (O&M)Date of Decision : 16.07.2019 The Pr. Commisioner of Income Tax, Gurgaon ... Appellant Versus M/s Jindal Steel and Power Limited wee. RESpONndent CORAM:HON'BLE MR. JUSTICE AJAY TEWARIHON'BLE MR. JUSTICE HARNARESH SINGH GILL Present:Mr. Tajender K.Joshi, Senior Standing Counselfor the appellant. AJAY TEWARI, J.(ORAL) CM-1127-CI]-2019 This is an application for condonation of delay of 127 days in re-filing the present appeal. Heard. In view of the reasons mentioned in theapplication, same is allowed, Delay of 127 days in re-filing the present appeal is condoned. Main case. This appeal has been filed under Section 260A of the Income TaxAct, 1961 (for short ‘the Act’) against the order of the Income TaxAppellate Tribunal, Delhi Bench "I-1" New Delhi in Stay ApplicationNo.670/DEL/2017 (arising out of ITA No. 1417/DEL/2015) dated17.11.2017 for the Assessment Year 2011-2012. At the very outset, counsel for the appellant-revenue has veryfairly accepted that the issue is covered against the Revenue by the Division ITA No. 66 of 2019 (O&M) Bench judgment of this Court in ITA No. 78 of 2019 titled asThe PrincipalCommissioner ofIncome Tax, Gurgaon Versus M/s Mitsubishi ElectricAutomotive Indsia Pvt. Ltd., Manesar, Gurgaon,decided on 16.05.2019. Dismissed in the same terms. Since the main case has been dismissed, the pending CM, if any, also stands disposed of, (AJAY TEWARI )JUDGE 16.07.2019pooja Saini ( HARNARESH SINGH GILL )JUDGE Whether speaking/reasoned?Whether reportable? Yes/NoYes/No
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