https://www.taxtmi.com/caselaws?id=264960 The Tribunal upheld the Ld. CIT(A)'s decision in favor of the assessee, dismissing all three appeals filed by the Revenue. The primary issue was the deletion of demand under Section 201(1) and reduction of interest liability, with the Tribunal emphasizing reliance on judicial decisions like CIT vs. Nestle Ltd. The Revenue's contention regarding the retrospective effect of the amendment to Section 201 by the Finance Act, 2008 was also addressed, ultimately leading to the affirmation of the Ld. CIT(A)'s decision in favor of the assessee. en-us Fri, 26 Sep 2014 00:00:00 +0530 Mon, 05 Oct 2015 06:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264960 The Tribunal upheld the Ld. CIT(A)'s decision in favor of the assessee, dismissing all three appeals filed by the Revenue. The primary issue was the deletion of demand under Section 201(1) and reduction of interest liability, with the Tribunal emphasizing reliance on judicial decisions like CIT vs. Nestle Ltd. The Revenue's contention regarding the retrospective effect of the amendment to Section 201 by the Finance Act, 2008 was also addressed, ultimately leading to the affirmation of the Ld. CIT(A)'s decision in favor of the assessee. Case-Laws Income Tax Fri, 26 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264960