IN THE HIGH COURT OF DELHI AT NEW DELHI
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ITA 494/2013
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THE COMMISSIONER OF INCOME TAX-IV..... Appellant
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Through Mr. Sanjeev Sabharwal, Sr.
Standing Counsel with Ms.
Padma Priya, Jr. Standing
Counsel.
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versus
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DELHI STATE INDUSTRIAL DEVELOPMENT CORPORATION LTD
..... Respondent
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Through
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CORAM:
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HON'BLE MR. JUSTICE SANJIV KHANNA
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HON'BLE MR. JUSTICE SANJEEV SACHDEVA
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O R D E R
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12.11.2013
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We are not inclined to issue notice in this appeal by Revenue under
Section 260A of the Income Tax Act, 1961, relating to Assessment Year
2004-05, in view of failure of the Assessing Officer to discuss the
factual aspects. The Assessing Officer had proceeded to reopen the
assessment under Section 148 of the Income Tax Act, 1961, only on the
basis of a heading given in the Balance Sheet/Profit and Loss A/c as ?prior
period expenses?.
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The first appellate authority has referred to facts including the
treatment given in past years to ?prior period expenses?. As per the
stand of the assessee, the expenses had crystallized during the years in
question as they were accepted by the Board as due and payable. No
doubt, the appellate authorities have not discussed factual aspects, but
this does not undo the basic flaw in the Revenue?s case i.e. failure of
the Assessing Officer to advert to and state facts why addition was
justified in the re-assessment proceedings.
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The appeal is dismissed in limine.
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SANJIV KHANNA, J.
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SANJEEV SACHDEVA, J.
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NOVEMBER 12, 2013
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st
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$ 1
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