The Pr.commissioner Of Income Tax Faridabad v. M/S Jindal Steel & Power Ltd

IN THE HIGH COURT OF PUNJAB AND HARYANA|AT CHANDIGARH TTA-72-2021Date of Decision: 04.07.2022 The Pr.Commissioner of Income Tax Faridabad Vs. .....Appellant M/s Jindal Steel & Power Ltd. ....Respondent CORAM:HON'BLE MR. JUSTICE TBJINDER SINGH DHINDSAHON'BLE MR. JUSTICE PANKAJ JAINPresent:Mr. Tajender K. Joshi, Advocate for the appellant, Mr. Vishal Gupta, Advocate for the respondent. TEJINDER SINGH DHINDSA J. (Oral) Instant appeal under Section 260-A of the Income Tax Act,1961 is directed against the order dated 15.11.2019 passed by the IncomeTax Appellate Tribunal, New Delhi in SA No. 1033/Del/2019 pertaining toassessment year 2011-12. Mr. Tajinder K. Joshi, learned Senior Standing counsel for theappellant at the very outset concedes that the issue raised in the appealwould be covered against the revenue in the light of Division Benchjudgment dated 25.04.2016 passed in ITA No.5 of 2016 titled as PrincipalCommissioner of Income Tax, Gurgaon Vs. M/s Carrier Air Conditioningand Refrigeration Ltd. which has been further relied upon by anotherDivision Bench judgment dated 16.05.2019 in ITA No.78 of 2019 titled asThe Principal Commissioner ofIncome Tax, Gurgaon Vs. M/s MitsubishiElectric Automotive India Pvt. Ltd., Manesar, Gurgaon. In view of the above, instant appeal is dismissed in terms ofjudgment dated 16.05.2019 passed by this Court in ITA No.78 of 2019, (TEJINDER SINGH DHINDSA)JUDGE 04.07.2022 shweta (PANKAJ JAIN)JUDGE SHWETAWhether reportable2022.07.07 10:44I attest to the accuracy andauthenticity of this document2022.07.07 10:44I attest to the accuracy andauthenticity of this document