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 Income Tax Addition Made Towards Unsubstantiated Share Capital Is Eligible For Section 80-IC Deduction: Delhi High Court

VRC Constructions (I) Pvt. Ltd. Vs. Commissioner Of Trade And Taxes And Anr.
November, 18th 2019
$~9
*      IN THE HIGH COURT OF DELHI AT NEW DELHI

                                               Date of Decision: 07.11.2019

+      W.P.(C) 7657/2019

       VRC CONSTRUCTIONS (I) PVT. LTD.       ..... Petitioner
                   Through: Mr. Sarthak Maggon, Adv.

                         versus

       COMMISSIONER OF TRADE AND TAXES AND ANR.
                                         ..... Respondents
                   Through: Mr. Shadan Farasat, ASC, GNCTD
                            with Ms. Hafsa Khan, Adv. for
                            respondent.

       CORAM:
       HON'BLE THE CHIEF JUSTICE
       HON'BLE MR. JUSTICE C.HARI SHANKAR

D.N. PATEL, CHIEF JUSTICE (Oral)

1.     This writ petition has been preferred for getting a refund under the
Delhi Value Added Tax Act, 2004.
2. Before the learned counsel appearing for the petitioner commenced his arguments, it is fairly submitted by learned counsel for the respondent No.1 that a refund order has already been passed on 11.09.2019, a photocopy whereof is handed over in Court which is taken on record. A copy of the refund order has also been given to the counsel for the petitioner. 3. In view of this limited submission, the grievances ventilated in this petition have been brought to an end by the respondent No.1. W.P.(C) 7657/2019 Page 1 of 2 4. Hence, this petition is disposed of as infructuous. CHIEF JUSTICE C.HARI SHANKAR, J NOVEMBER 07, 2019 kks W.P.(C) 7657/2019 Page 2 of 2
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