Delhi High Court Dismisses Tax Appeal for 2008-09, Aligned with Prior Ruling; Revenue's Appeal Pending in Supreme Court.

The HC of Delhi dismissed ITA 532/2014 for the assessment year 2008-09, aligning with a prior ruling in ITA 662/05. The revenue's SLP against the 11.05.2011 decision is pending before the SC. C.M No.14228/2014 was allowed with exceptions, and the application was subsequently disposed of.

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The High Court of Delhi allowed exemption in C.M No.14228/2014, subject to exceptions. The application was disposed of. In ITA 532/2014, the appeal for the assessment year 2008-09 was dismissed following a previous decision in ITA 662/05 Commissioner of Income Tax vs. Nestle India Ltd. The revenue had filed an SLP before the Supreme Court against the decision dated 11.05.2011.

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