M/S Mitsubishi Corporation Delhi vs Joint Commnr.Of Income Tax Delhi

The Supreme Court dismissed the civil appeal filed by M/s. Mitsubishi Corporation, affirming the Delhi High Court's decision that directed the assessee to approach the Assessing Officer regarding the validity of the show-cause notice dated 2nd March 2001. The Court referenced the precedent set in Commissioner of Income Tax vs. Eli Lilly & Company (India) Private Limited, which necessitated re-examination of the matter by the Assessing Officer. The dismissal was made without any order as to costs.