Case Law Details
CIT Vs DCM Limited (Delhi High Court)- Whether a mere proposal for enhancement of property tax would result in crystallisation of liability qua that portion of rate able value which was sought to be enhanced. There can be no dispute that liability does not cease to exist merely because the quantification of the liability is deferred. From the facts ascertainable from the records, it appears there is a dispute with regard to the quantification as reflected in the proposal for enhancement. Evidently at the stage, at which the proceedings were pivoted in the assessment year in issue, there was no demand raised by the municipal corporation. In these circumstances, the question of law has to be answered in the negative and against the assessee.
Commissioner of Income Tax Vs. M/s DCM Limited
Judgement delivered on: 11.07.2011
ITR No. 66/1995
Delhi High Court
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