Pr. Cit-06 v. Noesis Industries Ltd. (Foremerly Known As Mvl Industries Ltd.)

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI 11.

+ ITA 305/2016 PR. CIT-06 ..... Appellant Through: Mr. Rahul Chaudhary, Advocate.

versus NOESIS INDUSTRIES LTD. (FORMERLY KNOWN AS MVL INDUSTRIES LTD.) ..... Respondent

CORAM:

JUSTICE S.MURALIDHAR JUSTICE VIBHU BAKHRU

O R D E R

% 10.05.2016 CM No. 17167 of 2016 (exemption)

1. Allowed subject to all just exceptions.

ITA 305 of 2016

2. This appeal by the Revenue is directed against the order dated 16th October 2015 passed by the Income Tax Appellate Tribunal ('ITAT') in ITA No. 2392/Del/2013 for the Assessment Year ('AY') 2009-10.

3. The grounds sought to be urged by the Revenue concern the deletion of the disallowance made by the Assessing Officer ('AO') under Section 14A of the Act.

4. This Court has negatived a case of the Revenue urging similar grounds in its order dated 16th February 2016 in ITA No.135 of 2016 [Pr. ITA No.305/2016 Page 1 of 2

Commissioner of Income Tax -6 v. Nilgiri Infrastructure Development Ltd.]. Consequently, no substantial question of law arises for consideration.

5. The appeal is dismissed.

S.MURALIDHAR, J VIBHU BAKHRU, J MAY 10, 2016 mg ITA No.305/2016 Page 2 of 2