Sahara India Commercial Corporation Ltd Kolkata v. Commissioner Of Income Tax, Delhi (Central)-1 New Delhi And Others

$~25 & 27 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 3263/2013 SAHARA INDIA COMMERCIAL CORPORATION LTD KOLKATA ..... Petitioner versus COMMISSIONER OF INCOME TAX, DELHI (CENTRAL)-1 NEW DELHI AND OTHERS ..... Respondent + W.P.(C) 3273/2013 SAHARA INDIA (FIRM), LUCKNOW ..... Petitioner versus COMMISSIONER OF INCOME TAX, DELHI (CENTRAL)-1 NEW DELHI AND OTHERS ..... Respondents

Present:

Mr.Satyen Sethi and Mr.Arta Trana Panda, Advocates for the petitioner in both the matters.

Mr.Dileep Shivpuri and Mr.Sanjay Kumar, Advocates for the respondent in both the matters

CORAM:

HON'BLE MR. JUSTICE S. RAVINDRA BHAT HON'BLE MS. JUSTICE DEEPA SHARMA

O R D E R

% 05.09.2016 It is stated in these proceedings that in view of the subsequent search and seizure operations, issuance of notice under Section 153A/153C for the assessment years in question stands abated. The revenue relies on the recent decision of the Supreme Court in V.L.S. Finance Limited vs. Commissioner of Income Tax [2016] 68

taxmann.com 368 (SC). This position is not disputed by the counsel for the petitioner.

In these circumstances, the writ petitions are dismissed as infructuous.

S. RAVINDRA BHAT, J DEEPA SHARMA, J SEPTEMBER 05, 2016 rb