Facts of the Case
The present matter pertains to a batch of income tax appeals
filed by the Revenue (PR. Commissioner of Income Tax-6) against the Respondent,
Nazar Trading Pvt. Ltd., before the Delhi High Court.
During the hearing, counsel for the respondent/assessee, on
instructions, submitted that the appeals may be allowed without framing any
substantial question of law. It was further requested that the matter be
remanded back to the Assessing Officer for passing a fresh assessment order.
This submission was made in light of the precedent laid down
in Pr. Commissioner of Income Tax-06 vs. Matchless Glass Services Pvt. Ltd.
(decided on 18.12.2015). The Revenue did not object to this course of action.
Issues Involved
- Whether
the appeals could be disposed of without framing any substantial question
of law.
- Whether
the assessment orders and appellate orders could be set aside and remanded
for fresh adjudication by the Assessing Officer.
Petitioner’s Arguments (Revenue)
- The
Revenue, through its counsel, did not raise objections to the request made
by the respondent.
- It
accepted that the matter could be remanded for fresh consideration in view
of the statement made by the assessee.
Respondent’s Arguments (Assessee)
- The
assessee requested that the appeals be allowed without framing substantial
questions of law.
- It
sought remand of the matter to the Assessing Officer for fresh assessment.
- Reliance
was placed on the judgment in Pr. Commissioner of Income Tax-06 vs.
Matchless Glass Services Pvt. Ltd..
Court Order / Findings
- The
Delhi High Court recorded the statement made by the respondent/assessee.
- The
appeals were allowed.
- The
assessment order, appellate orders, and the impugned order of the Tribunal
were set aside.
- The
matter was remanded to the Assessing Officer for fresh
adjudication/decision.
Important Clarification by the Court
- The
Court expressly clarified that it had not expressed any opinion on the
merits of the case.
Sections Involved
- Income Tax Act, 1961 – (General appellate jurisdiction under Section 260A inferred from ITA proceedings)
Link to download the order -https://delhihighcourt.nic.in/app/case_number_pdf/2018:DHC:8307-DB/SKN09072018ITA10432017_145645.pdf
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