2017 (9) TMI 1685 - HC - Income Tax

Annulling the block assessment order - validity of proceedings under Section 153C - Held that - In view of the decision of this Court in CIT vs. Renu Constructions Pvt. Ltd.(2017 (9) TMI 670 - DELHI HIGH COURT) the question urged by the Revenue in this appeal requires to be answered against it. The appeal is accordingly dismissed.

Summary

The Delhi High Court allowed exemptions subject to exceptions, condoned delay in filing, and dismissed the appeal in ITA No. 601/2017 based on a previous decision in ITA No. 499/2011.