2013 (10) TMI 322

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.... Though the matter has come up for orders regarding vacating the interim order dated 1.8.2012, with the consent of learned counsel for the parties, the matter is taken up for disposal. 2. This appeal by the Assessee under section 260A of the Income Tax Act, 1961 [for short 'the Act'] directed against the remand order dated 20.06.2012 passed by the Income Tax Appellate Tribunal, Bangalore, 'B' ....

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..../80-IB(8A) of the Act back to the Respondent?      (b) If the answer to above substantial question of law is in the negative and against the Appellant then:          Whether, on the facts and circumstances of the case and law, the Tribunal was justified in remanding the issue of eligibility of the Appellant to claim deduction under ....

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.... pay outstanding tax within seven days. 7. It is thereafter the revenue has come up with application in IA No. 1/2013 seeking for vacating the interim order dated 1.8.2012 etc. 8. In this background, the matter is now listed for orders today. 9. Appearing on behalf of the assessee, submission of Sri. Amarkumar, learned counsel is that the Tribunal's order is not sustainable; that it shoul....

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.... authority is following the directions issued by the Dispute Resolution Panel; that the remand order is clearly not sustainable and to this extent, learned counsel for respondent - revenue is also agreeable for the order of the Tribunal being set aside and to be remanded to the Tribunal for examination of the appeal of the assessee on merits. 11. In the result, this appeal is allowed. The order....