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Kuwer Fibres (P) Ltd. v. Commissioner of Income Tax Delhi II

1. Having heard Mr. C.S. Aggarwal, learned Senior Advocate, appearing for the petitioner and Mr. N. Venkataraman, learned ASG, appearing for the Revenue and having gone through the impugned judgment and order passed by the High Court and the reasoning and the findings recorded and having gone through the order passed by the ITAT as well as the assessment order, it cannot be said that the High Court has committed any error in allowing the appeal and quashing the order passed by the ITAT.


 

(M.R. Shah and Krishna Murari, JJ.)

 

Petition(s) for Special Leave to Appeal (C) No(s). 22797/2017, decided on October 13, 2022

 

Kuwer Fibres (P) Ltd. ________________________________ Petitioner;

 

v.

 

Commissioner of Income Tax Delhi II ________________ Respondent.

 

Petition(s) for Special Leave to Appeal (C) No(s). 22797/2017 and ITA No. 163/2001

 

The Order of the court was delivered by

Order

 

1. Having heard Mr. C.S. Aggarwal, learned Senior Advocate, appearing for the petitioner and Mr. N. Venkataraman, learned ASG, appearing for the Revenue and having gone through the impugned judgment and order passed by the High Court and the reasoning and the findings recorded and having gone through the order passed by the ITAT as well as the assessment order, it cannot be said that the High Court has committed any error in allowing the appeal and quashing the order passed by the ITAT.

 

2. We are in complete agreement with the view taken by the High Court.

 

3. The Special Leave Petition stands dismissed.

 

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