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Delhi High Court - Orders

Sarla Holdings Private Limited vs Pr Commissioner Of Income Tax Delhi-7 ... on 10 January, 2024

Author: Yashwant Varma

Bench: Yashwant Varma, Purushaindra Kumar Kaurav

                                    $~78
                                    *    IN THE HIGH COURT OF DELHI AT NEW DELHI
                                    +    W.P.(C) 325/2024 & CM APPL 1485/2024 (stay)
                                         SARLA HOLDINGS PRIVATE LIMITED ..... Petitioner
                                                          Through: Ms. Prem Lata Bansal, Sr. Adv.
                                                                     with Mr. Shivang Bansal, Adv.
                                                          versus
                                         PR COMMISSIONER OF INCOME TAX DELHI-7 NEW
                                         DELHI & ANR.                            ..... Respondents
                                                          Through: Appearance not given.
                                         CORAM:
                                         HON'BLE MR. JUSTICE YASHWANT VARMA
                                         HON'BLE MR. JUSTICE PURUSHAINDRA KUMAR
                                         KAURAV
                                                          ORDER

% 10.01.2024

1. It is contended on behalf of the petitioner that the Form 10-IC had been duly filed on 26 April 2022 and thus within the last date of 30 June 2022 as prescribed in terms of the Central Board of Direct Taxes ['CBDT'] Circular bearing no.F.No.173/32/2022-ITA-1 dated 17 March 2022. It is in the aforesaid context that the petitioner contends that the respondents were bound to follow the procedure contemplated under Section 115BAA of the Taxation Laws (Amendment) Act, 2019.

2. In view of the limited controversy which stands raised, we request, Mr. Bhatia, learned counsel representing the respondents to obtain instructions.

3. Let the writ petition be called again on 13.02.2024.

YASHWANT VARMA, J.

PURUSHAINDRA KUMAR KAURAV, J.

JANUARY 10, 2024//p This is a digitally signed order.

The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 25/01/2024 at 03:36:59