PR. COMMISSIONER OF INCOME TAX, CENTRAL-1, DELHI vs SANJAY JAIN

Judgment text excerpt

$~67, 70, 72, 74 to 76 * IN THE HIGH COURT OF DELHI AT NEW DELHI Date of decision:-22nd January, 2026. + ITA 38/2026 PR. COMMISSIONER OF INCOME TAX, CENTRAL-1, DELHI .....Appellant Through: Mr. Puneet Rai, SSC with Mr. Ashvini Kr. JSC. versus SANJAY JAIN .....Respondent Through: None. 70 + ITA 41/2026 PR. COMMISSIONER OF INCOME TAX, CENTRAL-1, DELHI .....Appellant Through: Mr. Puneet Rai, SSC with Mr. Ashvini Kr. JSC. versus SANJAY JAIN .....Respondent Through: None. 72 + ITA 43/2026 PR. COMMISSIONER OF INCOME TAX, CENTRAL-1, DELHI .....Appellant Through: Mr. Puneet Rai, SSC with Mr. Ashvini Kr. JSC. versus SANJAY JAIN .....Respondent Through: None. 74 + ITA 34/2026, CM APPL. 4177/2026 CM APPL. 4178/2026 PR. COMMISSIONER OF INCOME TAX, CENTRAL-1, DELHI .....Appellant Signature Not Verified Digitally Signed ITA 38/2026, ITA 41/2026, ITA 43/2026, ITA 34/2026, ITA 36/2026 & ITA 37/2026 Page 1 of 9 By:NAVEEN KUMAR Signing Date:27.01.2026 17:18:38 Through: Mr. Puneet Rai, SSC with Mr. Ashvini Kr. JSC. versus SANJAY JAIN .....Respondent Through: None 75 + ITA 36/2026 and CM APPL. 4253/2026 CM APPL. 4254/2026 PR. COMMISSIONER OF INCOME TAX, CENTRAL-1, DELHI .....Appellant Through: Mr. Puneet Rai, SSC with Mr. Ashvini Kr. JSC. versus SANJAY JAIN .....Respondent Through: None. 76 + ITA 37/2026 and CM APPL. 4256/2026 CM APPL. 4257/2026 PR. COMMISSIONER OF INCOME TAX, CENTRAL-1, DELHI .....Appellant Through: Mr. Puneet Rai, SSC with Mr. Ashvini Kr. JSC. versus SANJAY JAIN .....Respondent Through: None. CORAM: HON'BLE MR. JUSTICE DINESH MEHTA HON'BLE MR. JUSTICE VINOD KUMAR JUDGMENT DINESH MEHTA, J. (Oral) CM APPL. 4368/2026(exemption) in ITA 38/2026 CM APPL. 4392/2026(exemption) in ITA 41/2026 CM APPL. 4501/2026(exemption) in ITA 43/2026 CM APPL. 4177/2026(exemption) in ITA 34/202