Dismissed
Principal Commisioner of Income TAX-7, New Delhi v. M/S Priapus Developers Private Limited
Delhi HCITA/16/2024
Case brief
AI extract
What is this about?
The Delhi High Court dismissed an income-tax appeal alongside a pending application for delay. The court relied on a recent decision (ITA 54/2024) resolving similar issues and noted the appellant had conceded that the question regarding disallowance under Section 14(A) was settled against them.
What did the court decide?
The appeal along with the pending application for delay stands dismissed; the issue regarding disallowance under Section 14(A) stands answered against the appellant.