Dismissed
Pr. Commissioner of Income Tax -7, Delhi v. Quippo Oil & Gas Infra Ltd.
Delhi HCITA/720/2019
Case brief
AI extract
What is this about?
The Delhi High Court dismissed the Revenue's appeal against an ITAT order. Relying on a prior decision in Commissioner of Income Tax v. HLS India Limited affirmed by the Supreme Court, the Court held that no substantial legal question arose regarding the assessee's eligibility for higher depreciation rates.
What did the court decide?
The appeal filed by the Revenue against the ITAT order dated 18th December 2018 is dismissed.