Whirlpool Of India Ltd v. Assistant Commissioner Of Income Tax

$~5 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 160/2018, CM APPL. 692/2018 WHIRLPOOL OF INDIA LTD ..... Petitioner Through: Mr. Ajay Vohra, Sr. Advocate. with Mr. Aditya Vohra, Adv.

versus ASSISTANT COMMISSIONER OF INCOME TAX ..... Respondent Through: Mr. Ruchir Bhatia, Sr. Standing Counsel

CORAM:

HON'BLE MR. JUSTICE S. RAVINDRA BHAT HON'BLE MR. JUSTICE A. K. CHAWLA

O R D E R

% 24.07.2018 The petitioners are seeking appropriate directions to the respondent/Income Tax Department to not impose its outstanding demand of `45,54,73,090/-, contending that its appeal for A.Y. 2012-13 is pending. The counter affidavit filed by the respondents would disclose that pursuant to orders of this Court, leading to the existing interim order for A.Y. 2011-12, the carried forward unabsorbed depreciation to the tune of over `52 crores is available to the credit of the petitioner.

Having regard to these circumstances, it is hereby directed that the interim order granted by the Court on 11.01.2018 shall enure and bind the parties till the final decision by the ITAT for A.Y. 2012-13.

The writ petition is disposed of in the above terms. All rights and contentions of the parties are reserved. Order dasti.

S. RAVINDRA BHAT, J A. K. CHAWLA, J JULY 24, 2018/akv