2017 (5) TMI 782

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... For the Respondent : None ORDER CM 47013/2016 (exemption) in ITA 929/2016 CM 47014/2016 (exemption) in ITA 930/2016 Allowed, subject to all just exceptions. ITA 929/2016 ITA 930/2016 ITA 931/2016 1. On 24th January, 2017 while admitting these appeals, the following question of law was framed: "Did the IT AT fall into error in upholding the reduction of gross commi....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

..... The Court has heard the submissions of Mr Dileep Shivpuri, Senior Standing Counsel appearing for the Revenue at length and has examined the orders of the AO, the CIT (A) and the ITAT. 5. It is seen that the ITAT in the impugned order has while affirming the order of the CIT (A) given detailed reasons. Although Mr. Shivpuri sought to persuade this Court that the said reasoning by the ITAT was ....