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High Court of DelhiITA/129/2016

Pr. Commissioner Of Income Tax-06 v. Marubeni Itochu Steel P. Ltd.

2016-05-05Hon'Ble Dr. Justice S.Muralidhar,Hon'Ble Mr. Justice Vibhu Bakhru2 pages

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI 1.

+ ITA 129/2016 PR. COMMISSIONER OF INCOME TAX-06 ..... Appellant Through: Mr. Rahul Chaudhary, Senior Standing counsel.

versus MARUBENI ITOCHU STEEL P. LTD.

..... Respondent Through: Mr. Himanshu Sinha and Ms. Vrinda Tulshan, Advocates.

CORAM:

JUSTICE S. MURALIDHAR JUSTICE VIBHU BAKHRU

O R D E R

% 05.05.2016

1. The questions sought to be urged in this appeal by the Revenue against the judgment dated 24th July 2015 of the Income Tax Appellate Tribunal ('ITAT') in ITA No. 761/Del/2015 for the Assessment Year ('AY') 2010-11 stand covered against it by the decisions of this Court in Li & Fung India Pvt. Ltd. v. Commissioner of Income Tax (2014) 361 ITR 85 (Del), CIT v. Marubeni India Pvt. Ltd 277 CTR 189 (Del) and the order dated 28th April 2016 passed by this Court in ITA 252/2016 (Pr. Commissioner of Income Tax-6 v. Mitsui & Co. India Pvt. Ltd).

ITA 129/2016

2. No substantial question of law arises. The appeal is dismissed. S. MURALIDHAR, J VIBHU BAKHRU, J MAY 05, 2016 dn ITA 129/2016