2022 (2) TMI 36

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....IT] - D. R.; ORDER PER AMIT SHUKLA, J. M. The aforesaid appeals have been filed by the Revenue against the impugned order dated 15.01.2018 passed by the Commissioner of Income Tax (Appeals)-40, New Delhi, for the quantum of assessment passed under Section 143(3) of the Income Tax Act, 1961 (the Act) for assessment year 2014-15. 2. The common grounds of appeal, raised by the Revenue are....

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....wn case pertaining to the assessment years 2009-10 to assessment year 2015-16 and the appeal for the assessment year 2009-10 and 2010-11 passed by the Tribunal has also been confirmed by the Hon'ble Delhi High Court. Therefore, these cases are squarely covered. 4. The ld. DR also admitted that the issues are squarely covered by the decision of the Hon'ble Delhi High Court. 5. The facts in br....

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....he nature of business or commerce similar to private players in the market on the following grounds: (i) the appellant has entered into memoranda of understanding with various subscribers for providing services in lieu of specified consideration; (ii) the appellant charges professional fee for services rendered to government institutions, in relation to execution of their Network....

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....e for earlier years had been allowed as application of income. Income was computed at Rs. 35,44,66,022/-. 7. The ld. CIT (Appeals) after incorporating the entire submissions of the assessee held that the Tribunal in assessee's own case for assessment years 2009-10 and 2010-11 have held that assessee is not involved in any trade or business and, therefore, proviso to Section 2(15) of the Act is ....