W.p.(C)/3758/2018 Of Bharat Sanchar Nigam Limited v. The Principal Commissioner Of Income Tax - Ii & Ors
High Court
19 Jul 2018 In favour of: Assessee
Forum / Bench
High Court · dhcdb
Parties
W.p.(C)/3758/2018 Of Bharat Sanchar Nigam Limited v. The Principal Commissioner Of Income Tax - Ii & Ors
Date of order
19 Jul 2018
Assessment year(s)
2015-16, 2016-17
Outcome
Allowed
Case summary
In W.p.(C)/3758/2018 Of Bharat Sanchar Nigam Limited v. The Principal Commissioner Of Income Tax - Ii & Ors, the High Court (2018) allowed the appeal. The decision went in favour of the assessee.
Decision: The writ petition is accordingly disposed of.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
$~22
* IN THE HIGH COURT OF DELHI AT NEW DELHI+ W.P.(C) 3758/2018, CM APPL. 14920/2018 BHARAT SANCHAR NIGAM LIMITED ..... Petitioner
..... Petitioner Through: Mr. Tarun Gulati, Mr. Kishore Kunal, Mr. Prashant Tahiliani, Ms. Anshul Verma, Advs.
versus
THE PRINCIPAL COMMISSIONER OF INCOME TAX - II & ORS.
..... Respondents
Through: Mr. Raghvendra Singh, Advocate.
CORAM:HON'BLE MR. JUSTICE S. RAVINDRA BHAT HON'BLE MR. JUSTICE A. K. CHAWLA O R D E R% 19.07.2018
The petitioner seeks various directions including one for processing of refund. During the pendency of these proceedings, one of his significant claims was for a direction to refund amounts due for AY 2015-16 were accepted and sum of `4633,58,01,270/- allowed. As far as the other issue is concerned, it is clear that the assessment for AY 2016-17 was to be completed on or before 31.12.2018. With regard to the petitioner’s submission that it has declared accumulated losses in excess of `37,000 crores, this Court is of the opinion that the Assessing Officer should expeditiously process the returns and pass assessment orders as early as possible in accordance with law.
The writ petition is accordingly disposed of.
S. RAVINDRA BHAT, J
JULY 19, 2018/akv
A. K. CHAWLA, J
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