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TMI Blog2025 (2) TMI 1044X X X X Extracts X X X X X X X X Extracts X X X X ..... whney with Mr. Nikhil Agarwal, Mr. Puru Medhira and Mr. Nishank Vashistha, Advocates. For the Respondents Through: Mr. Sanjay Kumar, SSC with Ms. Monica Benjamin, Advocate JUDGEMENT TUSHAR RAO GEDELA, J : (ORAL) 1. Present writ petition has been filed under Article 226 of the Constitution of India seeking a direction to the respondents to delete the outstanding demand for Assessment Year (AY) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d an amount of Rs. 15,00,000/- under protest for the additional income as assessed by Income Tax Department for AY 2006-07. It is stated that thereafter, a demand of Rs. 78,60,719/- was raised on the portal, and the said demand along with accrued interest of Rs. 3,74,428/- is reflecting on the portal of the petitioner till date. 3. It is further stated that the petitioner had challenged the asses ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mine the net profit eligible for deduction under Section 10A of the Act. Further, the issue of depreciation on computer peripherals was allowed in favour of the assessee, and the addition was deleted. 4. Mr. Kamal Sawhney, learned counsel for the petitioner states that with respect to the two corporate tax issues, the respondent has failed to pass any appeal effect order till date, and therefore, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... .2015, may be passed. 6. In view of the submissions of the learned counsel for the parties as also the statement of learned counsel for Revenue, we direct that the order dated 26.06.2015 passed by the ITAT be given appeal effect to and the consequential benefits with statutory interest, if applicable, be released forthwith, in accordance with law. 7. In view of the above directions, the present ..... X X X X Extracts X X X X X X X X Extracts X X X X
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