M/S Velocient Technolgies Ltd. v. Commissioner Of Income Tax

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

Reserved on: 19.03.2015

Pronounced on: 14.05.2015 + ITA 1406/2006 M/S. VELOCIENT TECHNOLOGIES LTD.

.........Appellant

Versus

COMMISSIONER OF INCOME TAX ........Respondent + ITA 1342/2009 COMMISSIONER OF INCOME TAX .........Appellant

Versus

VELOCIENT TECHNOLOGIES LTD.

........Respondent Through: Sh. Kamal Sawhney, Sr. Standing Counsel and Sh. Sanjay Kumar, Jr. Standing Counsel, for the Revenue.

Sh. Salil Aggarwal and Sh. Prakash Kumar, Advocates, for Velocient Technologies Ltd.

CORAM:

HON'BLE MR. JUSTICE S. RAVINDRA BHAT HON'BLE MR. JUSTICE R.K. GAUBA MR. JUSTICE S. RAVINDRA BHAT % For detailed judgment, the decision dated 14.05.2015 in ITA 983/2006 may be referred to.

S. RAVINDRA BHAT (JUDGE) R.K. GAUBA (JUDGE) MAY 14, 2015 ITA 1406/2006 AND CONNECTED MATTERS