2017 (6) TMI 402

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....r the Respondents : Salil Kapoor with Sumit Lalchandani, Ms. Ananya Kapoor, Sanat Kapoor and Ms. Soumya Singh, Advocates JUDGMENT The Revenue claims to be aggrieved by the direction of the Income-tax Appellate Authority (ITAT) with respect to a previous order passed under section 127. It contends that having regard to the presumptive nature of section 124 in the given facts of the case, the Trib....