PCIT, DELHI-7 vs. M/S RATHI GRAPHICS TECHNOLOGIES LTD.

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ITA - 522 / 2022HC Delhi09 December 20222 pages
For Petitioner: SUNIL KUMAR AGARWAL

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09.12.

2022 [Physical Hearing/Hybrid Hearing (as per request)] CM Appl.53391/2022

1.

Allowed, subject to just exceptions. CM Appl.53390/2022 [Application is filed on behalf of the appellant seeking condonation of delay of 123 days in filing the appeal]

2.

This is an application filed on behalf of the appellant/assessee seeking condonation of delay in filing the appeal.

2.

1 According to the appellant/revenue, there is a delay of 123 days.

3.

For the reasons stated in the application, the delay is condoned.

4.

The application is disposed of in the aforesaid terms. ITA 522/2022

5.

This is an appeal directed against of order dated 24.02.2022 passed by ITA 522/2022

1/2 This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 27/03/2026 at 13:10:10

the Income Tax Appellate Tribunal [in short “Tribunal”], which concerns Assessment Year (AY) 2013-14. 6. In the instant case, the assessment order was pivoted on the balance sheet of the respondent/assessee.

7.

Via the impugned judgement, the Tribunal has ruled in favour of the respondent/assessee. The Tribunal, inter alia, concluded that since incriminating material was not found qua the respondent/assessee, the order framed by the assessing officer was bad in law.

7.1.

In reaching this conclusion, the Tribunal has relied upon the judgment of a coordinate bench of this Court dated 28.08.2015, rendered in ITA nos.707/2014, titled Commissioner of Income Tax (Central)-III vs. Kabul Chawla.

8.

It is not disputed that the issue raised in the instant matter stands covered against the appellant/revenue by virtue of the aforementioned judgment.

9.

Accordingly, the appeal is closed.

10.

The Registry is directed to dispatch a copy of this order to respondent.

RAJIV SHAKDHER, J

TARA VITASTA GANJU, J DECEMBER 9, 2022 pmc

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ITA 522/2022

2/2 This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 27/03/2026 at 13:10:10