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

Sc Johnson Products Private Limited Vs. Additional Commissioner Of Income Tax, Special Range-8, New Delhi
December, 18th 2017
$~
*     IN THE HIGH COURT OF DELHI AT NEW DELHI
                                         Reserved on: 27.10.2017
                                      Pronounced on: 08.12.2017
+     W.P.(C) 2697/2015
      SC JOHNSON PRODUCTS PRIVATE LIMITED
                                          ..... Petitioner
                   Through: Mr. C.S.Aggarwal, Senior
                            Advocate with Mr. Prakash
                            Kumar, Advocate
                   versus
      ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE
      ­ 22(2), NEW DELHI                      ..... Respondent
                      Through: Mr. Ruchir Bhatia, Advocate
And connected matter:

+     W.P.(C) 10904/2016 & CM No.42721/2016 (stay)
      CORAM:
      HON'BLE MR. JUSTICE S. RAVINDRA BHAT
      HON'BLE MR. JUSTICE SANJEEV SACHDEVA

S. RAVINDRA BHAT, J.






      The writ petitions are dismissed. For detailed judgment, the
decision in W.P.(C) No.2697/2015 dated 08.12.2017 may be referred
to.

                                   S. RAVINDRA BHAT, J



                                   SANJEEV SACHDEVA, J
DECEMBER 08, 2017

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