Facts of the Case

The present matter involves two appeals filed by the Revenue, namely:

  • ITA 346/2018: PR. Commissioner of Income Tax vs ChrysCapital Ltd.
  • ITA 349/2018: Pro Commissioner of Income Tax-2 vs Chrys Capital Investment Advisors (India) Pvt. Ltd.

The Revenue challenged the orders passed in favor of the assessee(s). However, during the hearing, it was noted that the issues raised in these appeals were already covered by an earlier judgment of the same Court dated 16.04.2018 in ITA 634/2017.

Issues Involved

  • Whether the appeals filed by the Revenue raise any substantial question of law requiring adjudication?
  • Whether the issues in the present appeals are already settled by a prior judgment of the Delhi High Court?

Petitioner’s (Revenue’s) Arguments

  • The Revenue sought to challenge the findings of the lower authorities.
  • It attempted to raise questions of law for consideration by the High Court.

Respondent’s Arguments

  • The Respondents (assessees) contended that the issues raised were no longer res integra.
  • They relied on the earlier judgment in ITA 634/2017, which had already decided similar questions.

Court’s Findings / Order

  • The Court observed that the issues involved in the present appeals were already covered by its judgment dated 16.04.2018 in ITA 634/2017.
  • Accordingly, no fresh adjudication was required.
  • Both appeals filed by the Revenue were dismissed.

Important Clarification

  • The Court did not independently re-analyze the merits of the case.
  • Instead, it relied entirely on its earlier binding judgment on identical issues.
  • This reinforces the principle of judicial consistency and avoidance of repetitive litigation.

 Link to download the order -https://delhihighcourt.nic.in/app/case_number_pdf/2018:DHC:2454/SRB16042018ITA3462018.pdf

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