Commissioner of Income Tax, Kanpur v. Sahara Investments India Ltd.

(A.K. Sikri and N.V. Ramana, JJ.)

Commissioner of Income Tax, Kanpur __________________ Appellant;

v.

Sahara Investments India Ltd. ________________________ Respondent.

Civil Appeal No. 4225 of 2004, decided on July 21, 2015

With

Civil Appeal No. 4230 of 2004 Civil Appeal No. 4233 of 2004 Civil Appeal No. 6051 of 2004 SLP (Civil) No. 27697 of 2014 SLP (Civil) No. 34496 of 2014

The Order of the court was delivered by

Order

1. After reading of the decision¹ of the High Court, we find that the High Court has rightly relied upon the judgment of this Court in Peerless General Finance and Investment Co. Ltd. v. RBI². Since the case is squarely covered by the judgment, we do not find any merit in these appeals and petitions which are accordingly, dismissed.

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¹ CIT v. Sahara Investment India Ltd., 2003 SCC OnLine All 1688 : (2004) 266 ITR 641

² (1992) 2 SCC 343 : (1992) 75 Comp Cas 12