Partly allowed
Pr. Commissioner of Income TAX-1 v. M/S Ansal Properties and Infrastructure Limited
Delhi HCITA/399/2023
Case brief
AI extract
What is this about?
Income tax appeal by the Revenue against a tribunal order concerning questions (A) to (E). Questions (A) to (D) were answered against the appellant following a same-day judgment in ITA No. 398/2023; question (E) was conceded in favour of the Revenue on the strength of a Supreme Court decision, and the tribunal order was set aside on that point.
What did the court decide?
Appeal partly allowed; ITAT order set aside only in respect of question (E), answered in favour of the Revenue.