2015 (10) TMI 693

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....gupta, C.J.]. Pre-admission notice has been issued. Learned counsel for the Revenue appeared today. 2. We have heard Mr. S. Ravi, learned senior counsel appearing for the appellant. 3. The appeal is admitted on the following substantial questions of law : a.      Whether the learned Tribunal has misdirected itself not having considered the financia....

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....2014 passed by the learned Tribunal on the question of waiver of pre-deposit. We disposed of the appeal passing the orders following amongst others as follows. "We direct the learned Tribunal, on the date fixed for hearing, to re-consider the matter by taking note of the fresh material produced before us, namely : the balance sheet for the year ending 31-3-2014, and decide the question of....

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..... The learned Tribunal was of the view that had there been any financial hardship, it would have reflected from the books of accounts. The learned Tribunal has gone on recording that accounting is merely a paper transaction and it does not reflect the reality. We think overruling the contention of the learned counsel for the Revenue if any audited accounts are produced before the Court of law or T....