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

Hamdard Laboratories (India) And Anr. Vs. Director General Of Income Tax (Exemptions)
December, 17th 2015
$~
*       IN THE HIGH COURT OF DELHI AT NEW DELHI
                                                         Reserved on: 18.03.2015
                                                       Pronounced on: 18.09.2015
+       W.P.(C) 5715/2013
+       W.P.(C) 5716/2013
+       W.P.(C) 5718/2013
+       W.P.(C) 5729/2013

        HAMDARD LABORATORIES INDIA AND ANR...... Petitioners

                                 Through : Sh. Parag. P. Tripathi, Sr. Advocate
                                 with Sh. Simran Mehta, Advocate.

                                 versus
        ASSISTANT DIRECTOR OF INCOME TAX (EXEMPTION)
                                              ..... Respondent

                                 Through : Sh. Rohit Madan with Sh. Ruchir
                                 Bhatia, Advocates.

+       W.P.(C) 5711/2013 & C.M. NO.12626/2013
        HAMDARD LABORATORIES (INDIA) AND ANR...... Petitioners

                                 Through : Sh. Parag. P. Tripathi, Sr. Advocate
                                 with Sh. Simran Mehta, Advocate.






                                 versus
        DIRECTOR GENERAL OF INCOME TAX (EXEMPTIONS)
                                             ..... Respondent

                                 Through : Sh. Rohit Madan with Sh. Ruchir
                                 Bhatia, Advocates.




W.P.(C) 5715/13, 5716/13, 5718/13, 5729/13 & 5711/13                       Page 1
        CORAM:
        HON'BLE MR. JUSTICE S. RAVINDRA BHAT
        HON'BLE MR. JUSTICE R.K. GAUBA

MR. JUSTICE S. RAVINDRA BHAT
%
     For detailed judgment, the decision dated 18.09.2015 in W.P.(C)
3599/2012 may be referred to.








                                                       S. RAVINDRA BHAT
                                                                 (JUDGE)


                                                             R.K. GAUBA
                                                                (JUDGE)
SEPTEMBER 18, 2015




W.P.(C) 5715/13, 5716/13, 5718/13, 5729/13 & 5711/13                Page 2

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