2014 (2) TMI 948

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....han,Adv. Mr. K.V. Balakrishnan, Adv. Mr. Priteesh Kapur, Adv. Mr. Abhay A Jena, Adv. Mr. Ranjit Raut, Adv. Ms. Bina Gupta, Adv. JUDGEMENT:- Civil Appeal @ S.L.P.(C) No.10482 of 2012 1. Leave granted. 2. This appeal is directed against the judgment and order passed by the High Court of Karnataka at Bangalore in ITA No. 3148 of 2005, dated 26.08.2011. 3. This Court on 26.03.2012 while issuing n....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s restricted to Question 'C' as quoted above. The Question 'C' that is raised by the Revenue is no more debatable in view of the decision of this Court in the case of Commissioner of Income Tax, Bhopal vs. Shelly Products, (2003) 5 SCC 461. Accordingly, Question No. 'C' is answered in favour of the Revenue. 5. The Civil Appeal is disposed of accordingly. Civil Appeal @ S.L.P.(C) No. 10483 of 201....