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C.I.T., Central-Iii, N.Delhi vs Hcl Technologies Ltd. on 24 April, 2018

3. When the matter was taken up today, learned counsel for the assessee submitted that the first substantial question of law, which has been framed by this Court has already been answered by the Hon'ble Supreme Court in 'COMMISSIONER OF INCOME TAX CENTRAL-III NEW DELHI VS. HCL TECHNOLOGIES 5 LTD.', 2018 404 ITR 719. The aforesaid legal position could not be disputed by learned counsel for the revenue. In view of aforesaid enunciation of law by the Hon'ble Supreme Court, first substantial question of law is answered against the revenue and in favour of the assessee.
Supreme Court of India Cites 11 - Cited by 464 - R K Agrawal - Full Document
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