Appeal dismissed in absence of substantial question of law: Delhi HC

PCIT Vs Esys Information Technologies Ltd (Delhi High Court) Delhi High Court held that appeal filed by the revenue is liable to be dismissed in absence of any substantial question of law. Thus, appeal is, accordingly, dismissed. Facts- The assessee is a subsidiary of eSys Technologies Pvt. Ltd, Singapore (ESYS Singapore) and is engaged in the business of manufacturing and trading of computer hardware and peripherals and distribution of mobiles. Notably, the assessee had purchased computer hardware components and peripherals from its associated enterprise (AE) for a value of ₹4,13,31,00,539/...