Case Law › High Court › Wtax/497/2022 Of Nivedan Fin - Invest Le...

Wtax/497/2022 Of Nivedan Fin - Invest Lease Ltd v. Dy / Asstt. Commissioner Of Income Tax, Central Circle And Another

High Court 01 Apr 2022 In favour of: Revenue

Forum / Bench

High Court · cisdb_16012018

Parties

Date of order

01 Apr 2022

Assessment year(s)

—

Outcome

Dismissed

The order — as passed by the High Court

Case summary

In Wtax/497/2022 Of Nivedan Fin - Invest Lease Ltd v. Dy / Asstt. Commissioner Of Income Tax, Central Circle And Another, the High Court (2022) dismissed the appeal. The decision went in favour of the Revenue.

Decision: In view of the aforesaid, the writ petition is dismissed as withdrawn Order Date :- 1.4.2022NLY

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

Sections referenced in this judgment

Section 148 case law →

Case :- WRIT TAX No. - 497 of 2022 Petitioner :- Nivedan Fin - Invest Lease Ltd.Respondent :- Dy / Asstt. Commissioner Of Income Tax, Central Circle And AnotherCounsel for Petitioner :- Rakesh Kuamr YadavCounsel for Respondent :- Gaurav Mahajan Hon'ble Surya Prakash Kesarwani,J.Hon'ble Jayant Banerji,J. Heard Sri Rakesh Kumar Yadav, learned counsel for the petitioner and SriPraveen Kumar, learned Senior Standing Counsel for the Income TaxDepartment. Notice under Section 148 of the Income Tax Act, 1961 for the AssessmentYear 2015-16 has been challenged in the present writ petition. Learned counsel for the petitioner states that reassessment order has nowbeen passed and, therefore, this writ petition may be dismissed aswithdrawn as the petitioner shall challenge the reassessment order inappeal. In view of the aforesaid, the writ petition is dismissed as withdrawn Order Date :- 1.4.2022NLY

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