ACIT, New Delhi vs. M/S. Victory Township Pvt. Ltd., New Delhi
In the result, the appeals of the assessees are allowed and that of the department are dismissed
ITA 6235/DEL/2014[2008-09]Status: DisposedITAT Delhi24 Mar 2017AY 2008-09
Bench: Sh. N. K. Saini, Am & Smt. Beena Pillai, Jm Ita Nos. 6208 & 6209/Del/2014 : Asstt. Years : 2009-10 & 2010-11 Victory Dwellings Pvt. Ltd., Vs Acit, 208, Gupta Tower, Azadpur Central Circle-09, Commercial Complex, Azadpur, New Delhi New Delhi-110033 (Appellant) (Respondent)
Section 68
…/Del/2012 order dated 27.07.2016 (ITAT, Del.) " Narsi Creations Vs DCIT in ITA No. 3186, 3188 to 3194 of 2013 order dated 10.05.2016 (ITAT, Del.) " Nageshwar Investment Ltd. in ITA No. 5393/Del/2012 (ITAT, Del.) " Natural Products Bio Tech Ltd. Vs DCIT (2015) 153 ITD 58 (Del. Trib.) " Andaman Timber Industries Vs CCE in Civil Appeal No. 4228 of 2006 order dated 02.09.2015 (Hon’ble SC) " Prakash Chand Nahata Vs Union of India 163 CTR 310 (SC) " Kishan Chand Chellaram Vs CIT 125 ITR 713 (SC) " CIT Vs SMC Share Brokers Ltd. 288 ITR 345 (Del.) " Alok Aggarwal Vs DCIT (2000) 67 TTJ 109 (Del.) 12. It was further submit…