2016 (11) TMI 1018

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....aushik, Sr. Standing Counsel JUDGEMENT The petitioner seeks a direction for quashing of a demand by the revenue to the tune of over Rs. 33.65 crores. The ground urged in support of this petition is that in concluding the assessment, the Assessing Officer (AO) adopted the "Bright Line" Test favoured by the Special Bench of the Income Tax Appellate Tribunal (ITAT) in LG Electronics v. CIT [ITA No.....