2016 (5) TMI 33

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....ing counsel and Mr Aamir Aziz, Adv For the Respondent : Mr Deepak Chopra and Mr Amit Shrivastava, Adv ORDER CM No.11991/2016 in ITA 224/2016 CM No.11993/2016 in ITA 225/2016 1. For the reasons stated in the applications, the delay in filing the appeals is condoned. 2. The applications are disposed of. ITA 224/2016 ITA 225/2016 3. These two appeals by the Revenue are dire....

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....ion of this Court dated 6th October, 2015 in Seagram Distilleries Pvt. Ltd. v. CIT (2015) 378 ITR 581 (Del). Consequently, the appeals are admitted as far as this question is concerned and the question is answered in the negative i.e. in favour of the Revenue and against the Assessee. The impugned order of the ITAT to that extent is set aside. 6. As far as the second question is concerned, it i....