The Pr. Comissioner Of Income Tax-4 v. Gunvardhan Vyapar Pvt. Ltd.

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IN THE HIGH COURT

OF DELHI AT NEW DELHI + ITA 242/2017 THE PR. COMMISSIONER OF INCOME TAX-4 Appellant Through Puneet Rai, Standing Counsel

Versus

GUNVARDHAN VYAPAR PVT. LTD.

Respondent Through Mr. Shashwat Bajpai and Mr. Sharad Agarwal, Advocates AND + , ^ITA 243/2017 THE PR. COMISSIONER OF INCOME TAX-4 Appellant Through Puneet Rai, Standing Counsel

Versus

GUNVARDHAN VYAPAR PVT. LTD.

Respondent Through Mr. Shashwat Bajpai and Mr. Sharad Agarwal, Advocates CORAM: JUSTICE S.MURALIDHAR JUSTICE CHANDER SHEKHAR

ORDER

% 21.04.2017 CM No. 12140/2017 in ITA 242/2017

1. Exemption allowed subject to all just exceptions.

2. The application stands disposed of.

ITA Nos. 242/2017 £ 243/2017 By:AMULYA

a ITA 242/2017and TTA 243/2017

3. It is not disputedtliat the issues raised in tlie present appeals by tlie RevenuestandansweredagainsttheRevenueby thejudgmentsofthisCourt mCITv.KabulChttwla380ITR573,CITvs.RRJSecuMesLtd. (2015) 62 Taxmam.com391(Del)and the orderdated 11thApril2017in ITA No. 228 of 2017 (Principal Commissionerof Income Tax (CentraD-Iv. DevenderKumarAggarwal).

4. Accordingly,the appealsare dismissed.

S.MURALIDHAR,J P APRIL21,2017/b CHANDERSHEKHAR,J ITANos. 242/2017&243/2017