2013 (12) TMI 255

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....ommon judgment dated 16.04.2012 decided four matters - three Income Tax Appeals and one Income Tax Reference. Of these four matters, one Income Tax Appeal and one Income Tax Reference relate to M/s J.R. Solvent Industries (P) Ltd. The present appeals are not concerned with the Income Tax Appeal and Income Tax Reference relating to M/s J.R. Solvent Industries (P) Ltd. The other two appeals filed on....

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....Solvent Industries (P) Ltd., the High Court has erroneously set aside the concurrent findings of the Income Tax Appellate Tribunal and the Commissioner of Income Tax (Appeals) in the appeal preferred by the Revenue. 5. We have carefully considered the judgment of the High Court. There is merit in the submissions of the learned counsel for the appellant. The case of the appellant has not been ex....