Cadence Design Systems (India) Private Limited v. Deputy Commissioner of Income-Tax Circle 4(2), Delhi & Ors.
Case brief
What is this about?
Cadence Design Systems (India) Private Limited v. DCIT Circle 4(2) Delhi & Ors; W.P.(C) 1161/2025; High Court of Delhi; Section 154 Income-tax Act, 1961 rectification applications; AY 2016-17; refund Rs. 11,68,40,559; Section 244A(1) statutory interest; Revenue undertaking to decide within five weeks; Revenue bound down; mandamus; rights and contentions reserved; remedies not precluded; CM APPL. 5675/2025 exemption; Devendra Kumar Upadhyaya, CJ; Tushar Rao Gedela, J; disposed 07.02.2025.
What did the court decide?
No monetary relief granted. The petition was disposed of on the strength of the Revenue's undertaking, bound down by the Court, to decide the Section 154 applications within five weeks; all rights and contentions were reserved and the petitioner's remedies in respect of any Section 154 order were expressly left open. ¶22