Facts of the Case
- The
Revenue preferred an appeal before the Delhi High Court against the ITAT
order.
- The
dispute pertains to Assessment Year 2014–15.
- During the hearing, it was acknowledged by the Revenue that the issue involved in the present appeal is squarely covered by an earlier judgment of the coordinate bench.
Issues Involved
- Whether
the appeal raises any substantial question of law under Section
260A of the Income Tax Act.
- Whether the matter is already covered by precedent, thereby making the appeal non-maintainable.
Petitioner’s Arguments (Revenue)
- The
Revenue sought to challenge the ITAT order.
- However, it did not dispute that the issue raised is already covered by the judgment in Director of Income Tax vs Sheraton International Inc. (2009)
Respondent’s Arguments (Assessee)
- The
Respondent relied on the binding precedent of the Delhi High Court.
- Argued that since the issue is already settled, no substantial question of law arises.
Court Findings / Order
- The
Delhi High Court observed that the issue is fully covered by an earlier
judgment of the coordinate bench.
- It held
that:
- No
substantial question of law arises for consideration.
- Consequently, the appeal filed by the Revenue is dismissed/closed.
Important Clarification by Court
- The
Court clarified that:
- The
Revenue has already preferred an appeal against the earlier judgment
(Sheraton International Inc.) before the Supreme Court.
- If the Revenue succeeds in that matter, the present parties will be bound by the final decision of the Supreme Court.
Link to download the order -https://delhihighcourt.nic.in/app/showFileJudgment/60820112023ITA6332023_154708.pdf
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