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[Cites 1, Cited by 35]

Supreme Court - Daily Orders

The Commr. Of Income Tax Delhi Iv vs M/S. Escorts Finance Ltd. on 15 September, 2022

Author: J.K. Maheshwari

Bench: J.K. Maheshwari

                                                                 CIVIL APPEAL   NO.   9096 OF 2012 etc.

                                          IN THE SUPREME COURT OF INDIA

                                           CIVIL APPELLATE JURISDICTION


                                         CIVIL APPEAL    NO.      9096 OF 2012




       THE COMMR. OF INCOME TAX DELHI IV                                    ...         APPELLANT(S)
       ETC.

                                                        Versus
       M/S. ESCORTS FINANCE LTD. ETC.                                       ...       RESPONDENT(S)



                                                         WITH

                                               C.A. No. 9097/2012

                                                C.A. No. 9099/2012

                                                C.A. No. 9100/2012

                                                          AND
                                                C.A. No. 9098/2012



                                                  O R D E R
     CIVIL APPEAL                  NO.    9096 OF 2012


                         Learned   Additional     Solicitor       General       appearing   for    the

appellant-revenue does not wish to press the present appeal, in view of the low tax effect.

Signature Not Verified

Digitally signed by

Taking the statement on record, the appeal is dismissed as not SONIA BHASIN Date: 2022.09.17 16:19:07 IST pressed. However, the question of law is kept open. Reason: 1 CIVIL APPEAL NO. 9096 OF 2012 etc. CIVIL APPEAL NO. 9097/2012 At the request made by the learned counsel for the parties, the appeal is not taken up for hearing today. CIVIL APPEAL No. 9099/2012 Learned counsel for the respondent states that the Income Tax Appellate Tribunal has deleted the penalty under Section 271(1)(c) of the Income Tax Act, 1961, which order has attained finality as the Revenue did not challenge the said order. Hence, the present appeal is rendered infructuous.

Learned Additional Solicitor General prays for and is granted two days’ time to seek instructions. Re-list on 20th September, 2022.

CIVIL APPEAL NO. 9100/2012 At the request made by learned Additional Solicitor General appearing for the appellant-revenue, the appeal is not be taken up for hearing today.

List on 22nd September, 2022.

CIVIL APPEAL NO. 9098/2012 As per the order enclosed as Annexure P-2, penalty of Rs. 3,07,645/- (Rupees Three Lakh Seven Thousand Six Hundred and Forty Five only) was imposed. This penalty was deleted on an appeal filed 2 CIVIL APPEAL NO. 9096 OF 2012 etc. by the respondent-assessee, which order of the Income Tax Appellate Tribunal was challenged by the revenue in ITA No. 99 of 2007 before the High Court of Delhi. By the order dated 15th September, 2007, the appeal has been dismissed. As it is a case of low tax effect, learned Additional Solicitor General has not pressed the present appeal. He states that the question of law may be kept open.

Recording the aforesaid factual position and the statement, the appeal is disposed of as not pressed, leaving the question of law open.

.................J. (SANJIV KHANNA) .................J. (J.K. MAHESHWARI) NEW DELHI;

SEPTEMBER 15 , 2022.


sb




                                                                         3
                                        CIVIL APPEAL   NO.     9096 OF 2012 etc.



ITEM NO.109                 COURT NO.12                       SECTION XIV-A

                S U P R E M E C O U R T O F        I N D I A
                        RECORD OF PROCEEDINGS

Civil Appeal No(s). 9096/2012 THE COMMR. OF INCOME TAX DELHI IV ETC. Appellant(s) VERSUS M/S. ESCORTS FINANCE LTD. ETC Respondent(s) WITH C.A. No. 9097/2012 (XIV-A) C.A. No. 9099/2012 (XIV-A) C.A. No. 9100/2012 (IX) C.A. No. 9098/2012 (XIV-A) Date : 15-09-2022 These appeals were called on for hearing today. CORAM :

HON'BLE MR. JUSTICE SANJIV KHANNA HON'BLE MR. JUSTICE J.K. MAHESHWARI For Parties Mr. B. V. Balaram Das, AOR Mr. Balbir Singh, ASG Mr. Arijit Prasad, Sr. Adv.
Mr. Alka Agarwal, Adv.
Mr. Santosh Kumar, Adv.
Mr. Prahlad Singh, Adv.
Mr. Shyam Gopal, Adv.
Mr. Samvir Singh, Adv.
Mr. Arijit Prasad, Sr. Adv.
Mr. Raj Bahadur Yadav, AOR Mr. Jay Kishor Singh, AOR Mr. Mohit Raj, Adv.
Mr. Ajay Bhargava, Adv.
Ms. Vanita Bhargava, Adv.
Mr. Shantanu Chaturvedi, Adv. Ms. Prerna Singh M/S. Khaitan & Co., AOR Ms. Mahua Kalra, AOR Mr. V. N. Raghupathy, AOR 4 CIVIL APPEAL NO. 9096 OF 2012 etc. Mr. Simhran Mehta, Adv.
Mr. Vikas Bansode, Adv.
Ms. Aruna Gupta, AOR UPON hearing the counsel the Court made the following O R D E R CIVIL APPEAL NO. 9096 OF 2012 The appeal is dismissed as not pressed in terms of the signed order.
Pending application(s), if any, shall stand disposed of.
CIVIL APPEAL NO. 9097/2012
At the request made by the learned counsel for the parties, the appeal is not taken up for hearing today.
CIVIL APPEAL No. 9099/2012
Learned counsel for the respondent states that the Income Tax Appellate Tribunal has deleted the penalty under Section 271(1)(c) of the Income Tax Act, 1961, which order has attained finality as the Revenue did not challenge the said order. Hence, the present appeal is rendered infructuous.
Learned Additional Solicitor General prays for and is granted two days’ time to seek instructions.
5
CIVIL APPEAL NO. 9096 OF 2012 etc. Re-list on 20th September, 2022.
CIVIL APPEAL NO. 9100/2012
At the request made by learned Additional Solicitor General appearing for the appellant-revenue, the appeal is not be taken up for hearing today.
List on 22nd September, 2022.
CIVIL APPEAL NO. 9098/2012
The appeal is disposed of in terms of the signed order.
Pending application(s), if any, shall stand disposed of.
(SONIA BHASIN) (R.S. NARAYANAN) COURT MASTER (SH) COURT MASTER (NSH) [Signed Order is placed on the file] 6