The Commissioner Of Income Tax - International Taxation -1 v. Nuovo Pignone International Slr

$~51 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 129/2019 THE COMMISSIONER OF INCOME TAX - INTERNATIONAL TAXATION -1 ..... Appellant Through:

Mr.Ruchir Bhatia, Sr.Std.Counsel versus NUOVO PIGNONE INTERNATIONAL SLR ..... Respondent Through:

Mr.Siddharth Joshi, Advocate

CORAM:

HON'BLE MR. JUSTICE S. RAVINDRA BHAT HON'BLE MR. JUSTICE PRATEEK JALAN

O R D E R

% 06.02.2019 1.

The issue which the Revenue seeks to adjudicate i.e. interest under Section 234B of the Income Tax Act, 1961, is covered by the Division Bench ruling of this Court in Director of Income Tax International Taxation vs. GE Packaged Power Inc., (2018) 373 ITR 65. 2.

No question of law arises. The writ petition is accordingly dismissed. 3.

It appears that an appeal has been entertained by the Supreme Court against the order of the GE Packaged Power Inc. (supra). The parties to the present litigation i.e. the Revenue and the Assessee [Nuovo Pignone International SLR] shall be bound by the decision on the question of law, to be decided finally in that regard.

S. RAVINDRA BHAT, J PRATEEK JALAN, J FEBRUARY 06, 2019/„hkaur‟