2012 (3) TMI 191

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....mand of tax and interest made under Sections 201 and 201(1A) of the Income Tax Act, 1961. The petitioner, on the implementation of the voluntary retirement scheme for its employees, granted ex-gratia to five of its employees who opted to retire under the scheme. While disbursing the amounts due to the employees who offered for voluntary retirement, as per the instructions received from the Head Of....

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....Ors. v. Central Board of Director Taxes & Anr. [(2006) 282 ITR 587 (Ker.)] allowed the claim of another Bank in a similar situation. The revision filed by the petitioner, however, was dismissed on the ground hat the said decision was challenged before the Supreme Court by way of Special Leave Petition and in such circumstances of the Department having not accepted the decision, the claim cannot be....