Court : HIGH COURT OF DELHI
Citation : COMMISSIONER OF INCOME TAX VERSUS M/S VASISTH CHAY VYAPAR LTD.
ITA nos. 552/2005 and others dated 29-11-2010
Brief : ITAT was right in law and on merits by deleting the additions of income made as interest earned/ acquired on the loan advanced to M/s Shaw Wallace by considering the interest as doubtful and unrealizable.
RE PORTABLE
IN THE HIGH COURT OF DELHI AT NEW DELHI
ITA 552/2005, ITA 565/2005
ITA 1191/2007, ITA 139/2008
ITA 466/2008, ITA 537/2008
ITA 408/2003
Judgement Reserved on: 05.10.2010
Judgement Delivered on:29.11.2010
(1) ITA 552 OF 2005
COMMISSIONER OF INCOME TAX . . . APPELLANT
Through : Mr.Sanjeev Sabharwal, Sr. Standing Counsel.
VS
M/S VASISTH CHAY VYAPAR LTD. . . .RESPONDENT
Through: Mr. Ajay Vohra, Advocate with Ms. Kavita Jha, Ms. Akansha
Agga rwal,Advocates
(2) ITA 565 OF 2005
COMMISSIONER OF INCOME TAX . . . APPELLANT
Through : Mr. Sanjeev Sabharwal, Sr. Standing Counsel
VS
M/S VASISTH CHAY VYAPAR LTD. . . .RESPONDENT
Through: Mr. Ajay Vohra, Advocate with Ms. Kavita Jha, Ms. Akansha Aggarwal, Advocates
(3) ITA 1191/2007
COMMISSIONER OF INCOME TAX . . . APPELLANT
Through : Ms.Prem Lata Bansal, Sr. Standing Counsel.
VERSUS
M/S VASISTH CHAY VYAPAR LTD. . . .RESPONDENT
Through: Mr. Ajay Vohra, Advocate with Ms. Kavita Jha, Ms. Akansha Aggarwal,Advocates
(4) ITA 139/2008
COMMISSIONER OF INCOME TAX . . . APPELLANT
Through : Ms.Prem Lata Bansal, Sr. Standing Counsel.
VERSUS
M/S VASISTH CHAY VYAPAR LTD. . . .RESPONDENT
Through: Mr. Ajay Vohra, Advocate with Ms. Kavita Jha, Ms. Akansha Aggarwal,Advocates
(5) ITA 466/2008
COMMISSIONER OF INCOME TAX . . . APPELLANT
Through : Ms.Prem Lata Bansal, Sr. Standing Counsel.
VERSUS
M/S VASISTH CHAY VYAPAR LTD. . . .RESPONDENT
Through: Mr. Ajay Vohra, Advocate with Ms. Kavita Jha, Ms. Akansha Aggarwal,Advocates
(6) ITA 537/2008
COMMISSIONER OF INCOME TAX . . . APPELLANT
Through : Ms. Prem Lata Bansal, Sr. Standing Counsel. VERSUS
M/S VASISTH CHAY VYAPAR LTD. . . .RESPONDENT
Through: Mr. Ajay Vohra, Advocate with Ms. Kavita Jha, Ms. Akansha Aggarwal,Advocates
(7) ITA 408/2003
COMMISSIONER OF INCOME TAX . . . APPELLANT
Through : Ms.Prem Lata Bansal, Sr. Standing Counsel.
VS
M/S TED CO. INVESTMENT & FINANCIAL . . .RESPONDENT
SERVICES (P) LTD.
Through: Mr. Ajay Vohra, Advocate with Ms. Kavita Jha, Ms. Akansha Aggarwal,Advocates
CORAM :-
HON’BLE MR. JUSTICE A.K. SIKRI HON’BLE MS. JUSTICE REVA KHETRAPAL
