TMI Blog2015 (12) TMI 1561X X X X Extracts X X X X X X X X Extracts X X X X ..... facts concerning the MOU entered into by the Assessee with the VEEPL is no different from the MOU entered into by the Assessees in the similar cases with VEEPL as aforementioned. SEE Commissioner of Income Tax-IV v. Zebian Estate P. Ltd [2015 (11) TMI 932 - DELHI HIGH COURT] - Decided in favour of assessee - ITA 928 of 2015 and 930 of 2015 - - - Dated:- 8-12-2015 - S. MURALIDHAR AND VIBHU BAKHR ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e arising out of similar facts. This Court has by its decision dated 5th November, 2015 in ITA No.257/2015 (Commissioner of Income Tax-IV v. Zebian Estate P. Ltd.) and ITA No.270/2015 (Principal Commissioner of Income Tax-7 v. Penthea Builders and Developers Pvt. Ltd.) affirmed the orders of the ITAT in those appeals. In turn, that order refers to the earlier decision of the ITAT in ITO v. Finian ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... an additional factor in the present case is that VEEPL disclosed its complete books of accounts before the Assessing Officer and this substantiated the case of the Respondent Assessee. 7. Consequently, the Court is not persuaded to take a different view of the matter as far as these appeals are concerned. No substantial question of law arises. The appeals are dismissed. - - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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