The Pr. Commissioner Of Income Tax -7 v. Oscar Investment Ltd.through:mr. Anunav Kumar, Advocate

$~26 *IN THE HIGH COURT OF DELHI AT NEW DELHI+ITA 86/2019 THE PR. COMMISSIONER OF INCOME TAX -7 ..... Appellant Through:Mr. Raghvendra Singh, SeniorStanding Counsel with Mr. VipulAgrawal, Junior Standing Counsel. versus OSCAR INVESTMENT LTD.Through:Mr. Anunav Kumar, Advocate. ..... Respondent CORAM: HON'BLE MR. JUSTICE VIPIN SANGHIHON'BLE MR. JUSTICE SANJEEV NARULA % O R D E R04.09.2019 C.M. No. 4326/2019 (delay) 1. By this application, the Applicant seeks condonation of delay of 250 daysin re-filing the application.For the reasons stated in the application, thedelay is condoned. 2. The application stands disposed of in the aforesaid terms. ITA 86/2019 3. The present appeal is directed against the order dated 14.11.2017 passedby the Income Tax Appellate Tribunal Delhi Bench: 'D' New Delhi in ITANo.-558/Del/2016 for the assessment year 2012-13. The following questionof law are sought to be raised by the Appellant in the present appeal : “2.1 Whether on the facts and circumstances of the case Id. ITAT erred in law in deleting the addition made by Assessing officerunder section 14A of the Income Tax Act, 1961 read with Rule8D of the Income Tax Rule, 1962? 2.2 Whether on the facts and circumstances of the case, the Id.ITAT erred in law in deleting the addition, ignoring the CircularNO. 5/2015 dated 10.02.2015 reiterating the scope of CircularNO. 14/2001 issued by CBDT?” 4. These two questions are covered by the decision of this Court inCheminvest Ltd. v. Commissioner of Income Tax, 317 (ITR) (Delhi).Cheminvest Ltd. v. Commissioner of Income Tax, 317 (ITR) (Delhi). 5. The appeal is accordingly disposed of. VIPIN SANGHI, J SEPTEMBER 04, 2019nk SANJEEV NARULA, J