Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 2, Cited by 0]

Delhi High Court - Orders

Bptp Limited vs Chief Commissioner Of Income Tax ... on 18 September, 2024

Author: Yashwant Varma

Bench: Yashwant Varma

                             $~372
                             *         IN THE HIGH COURT OF DELHI AT NEW DELHI
                             +         W.P.(C) 13068/2024 & CM APPL. 54530/2024 (Interim Relief)
                                       BPTP LIMITED                                                                        .....Petitioner
                                                                            Through:                 Mr. Piyush Kaushik and Mr.
                                                                                                     Tanveer Zaki, Advs.

                                                                            versus

                                       CHIEF COMMISSIONER OF INCOME TAX CENTRAL-
                                       2,NEW DELH & ANR.                  .....Respondents
                                                     Through: Mr. Gaurav Gupta, SSC along
                                                              with Mr. Shivendra Singh and
                                                              Mr. Yojit Pareek, JSCs.

                                       CORAM:
                                       HON'BLE MR. JUSTICE YASHWANT VARMA
                                       HON'BLE MR. JUSTICE RAVINDER DUDEJA
                                                                            ORDER

% 18.09.2024 CM APPL. 54531/2024 (Ex.) Allowed, subject to all just exceptions.

The application stands disposed of.

W.P.(C) 13068/2024 & CM APPL. 54530/2024 (Interim Relief)

1. Notice. Since the respondents are represented by Mr. Gupta, let a reply be filed within a period of four weeks from today. The petitioner shall have two weeks therefrom to file a rejoinder affidavit.

2. Prima facie, we find ourselves unable to sustain the reassessment action for Assessment Year ['AY'] 2016-17, bearing in mind the principles which have come to be enunciated in Manju Somani vs. Income-tax Officer and Others [2024 SCC OnLine Del 5292]. Matter requires consideration.

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 23/09/2024 at 21:14:49

3. We accordingly and till the next date of listing, restrain the respondents from taking further steps pursuant to the impugned notice issued under Section 148 of the Income Tax Act, 1961 ['Act'] dated 31 August 2024.

4. Let the matter be called again on 14.01.2025.

YASHWANT VARMA, J RAVINDER DUDEJA, J SEPTEMBER 18, 2024/RW 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 23/09/2024 at 21:14:49