PR. COMMISSIONER OF INCOME TAX-1 vs CASIO INDIA COMPANY PVT. LTD.

Judgment text excerpt

$~75 * IN THE HIGH COURT OF DELHI AT NEW DELHI % Date of Decision : 09.10.2025 + ITA 505/2025 PR. COMMISSIONER OF INCOME TAX-1 .....Appellant Through: Mr. Sanjay Kumar, SSC, Ms. Monica Benjamin, JSC, Ms. Easha, JSC. versus CASIO INDIA COMPANY PVT. LTD. .....Respondent Through: Mr. Kamal Sawhney, Mr. Puru Medhira, Advs. CORAM: HON'BLE MR. JUSTICE V. KAMESWAR RAO HON'BLE MR. JUSTICE VINOD KUMAR V. KAMESWAR RAO, J. (ORAL) CM APPL. 63334/2025(condonation) 1. For the reasons stated in the application, the delay of 980 days in re- filing the appeal is condoned. 2. The application stands disposed of. ITA 505/2025 3. This appeal lays a challenge to an order dated 19.07.2022 passed by the Income Tax Appellate Tribunal (‘Tribunal’) whereby the Tribunal has decided the appeal filed by the respondent/assessee by primarily relying upon the decision of a Co-ordinate Bench of the Tribunal and allowed the appeal filed by the respondent/assessee. The same relates to the Assessment Signature Not Verified Signed By:PRADEEP ITA 505/2025 Page 1 of 4 SHARMA Signing Date:10.10.2025 15:06:16 Year (‘AY’) 2017-18. 4. We have been informed by the counsel for the appellant/revenue that two ITAs bearing number 211/2022 and 67/2022 relating to the same assessee but for the AYs 2011-12 and 2015-16 respectively, have been decided by this Court in favour of the respondent/revenue. In Pr. Commissioner of Income Tax-1 v. Casio India Company Pvt. Ltd, ITA 211/2022. which according to the counsel for the appellant/revenue involves identical issue(s) has been decided by this Court by stating in as under: “1. These appeals have been preferred challenging the decision of the Income Tax Appellate Tribunal1 dated 24 February 2020 [ITA211/2022] and 18 May 2020 [ITA 67/2022] and which had placed reliance upon the