2017 (11) TMI 1034

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....llant : Mr. P.S. Narsimha, ASG. Mr. K. Radhakrishnan, Sr. Adv. Mr. Rupesh Kumar, Adv. Mr. Arijit Prasad, Adv. Mr. B. Krishna Prasad, AOR For The Respondent : Mr. V. Lakshmikumaran, Adv. Mr. Jay Savla, AOR Mr. Karan Sachdev, Adv. Ms. Renuka Sahu, Adv. Mr. Aditya Bhattacharye, Adv. Mr. Prabhat Chaurasia, Adv. Mr. Jasdeep Singh Dhillon, Adv. Mr. L. Badri Narayanan, Adv. ORDER 1. The Order ch....

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....ially challenged by the Revenue. However, while considering the rectification application, the learned Tribunal corrected what it perceived to be an apparent error of law and went on to hold that the proceedings initiated under Section 11 A of the Act within a period of six months from the relevant date alone would be competent in law. In other words, the application of the proviso to Section 11 A....

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....ntial question of law to have been committed by the learned Tribunal. As already observed, the demand raised on the assessee was primarily founded on the sales practices contained in the sales policy and sales agreement. Benefits of deduction passed on to the buyer under the sales policy and sales agreement have not been allowed to the assessee. However, insofar as the issue of limitation is conce....