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Supreme Court - Daily Orders

Commnr. Of Income Tax, Kanpur vs M/S Sahara Investments India Ltd. on 21 July, 2015

Bench: A.K. Sikri, N.V. Ramana

                                          IN THE SUPREME COURT OF INDIA

                                          CIVIL APPELLATE JURISDICTION

                                          CIVIL APPEAL NO. 4225 OF 2004


                      COMMISSIONER OF INCOME TAX, KANPUR                    ... Appellant

                                                      VERSUS

                      M/S SAHARA INVESTMENTS INDIA LTD.                     ... Respondent

                      WITH

                      CIVIL APPEAL NO. 4230 OF 2004

                      CIVIL APPEAL NO. 4233 OF 2004

                      CIVIL APPEAL NO. 6051 OF 2004

                      SLP(CIVIL) NO. 27697 OF 2014

                      SLP(CIVIL) NO. 34496 OF 2014


                                                     O R D E R

After reading of the decision of the High Court, we find that the High Court has rightly relied upon the judgment of this Court in 'Peerless General Finance & Investment Co. Ltd. & Anr. v. Reserve Bank of India' [1992 (2) SCC 343. Since the case is squarely covered by the judgment, we do not find any merit in these appeals and petitions which are accordingly, dismissed.

........................, J. [ A.K. SIKRI ] Signature Not Verified Digitally signed by Suman Wadhwa Date: 2015.07.23 ........................, J. 17:24:28 IST Reason:

[ N.V. RAMANA ] New Delhi;

July 21, 2015.

ITEM NO.108                 COURT NO.12                SECTION IIIA

                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). 4225/2004 COMMNR. OF INCOME TAX, KANPUR Appellant(s) VERSUS M/S SAHARA INVESTMENTS INDIA LTD. Respondent(s) (with office report) WITH C.A. No. 4230/2004 (With Office Report) C.A. No. 4233/2004 (With Office Report) C.A. No. 6051/2004 (With Office Report) SLP(C) No. 27697/2014 (With Office Report) SLP(C) No. 34496/2014 (With Office Report) Date : 21/07/2015 This appeal was called on for hearing today. CORAM : HON'BLE MR. JUSTICE A.K. SIKRI HON'BLE MR. JUSTICE N.V. RAMANA For Appellant(s) Mr. B. Krishna Prasad, Adv.

Mr. K. Radhakrishnan, Sr. Adv. Mr. Arijit Prasad, Adv.

Mr. T. M. Singh, Adv.

Mr. D. L. Chidananda, Adv.

Ms. Sadhana Sandhu, Adv.

Mrs. Anil Katiyar, Adv.

Mr. B. V. Balaram Das, Adv.

For Respondent(s) Mr. S. Ganesh, Sr. Adv.

Mr. Satyen Sethi, Adv.

Mr. Arta Trana Pand, Adv.

Ms. Sujata Kurdukar, Adv.

UPON hearing the counsel the Court made the following O R D E R The appeals and petitions are dismissed in terms of the signed order.


       (Nidhi Ahuja)                          (Suman Jain)
       COURT MASTER                           COURT MASTER

[Signed order is placed on the file.]