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2016 (8) TMI 1352

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....ssee by : Shri Channabasavraj Bolmal - CA Shri Sanjay D. Shirguppe - CA Department By : Shri Joseph L. Rodrigues - DR   ORDER Per George Mathan, Judicial Member These are the appeals filed by the Revenue against the separate orders of the Commissioner of Income Tax (Appeals) Belgavi in appeal Nos. 425 & 454/BGM/2014-15, each dated 22/03/2016 & 28/03/2016 for the Assessment Year 20....

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....sified as "Non-performing Assets". The Authorized Representative of the assessee relied upon the decision of the Hon'ble Jurisdictional High Court of Karnataka in the case of Canfin Homes Ltd. reported in 347 ITR 382. At the time of hearing, Authorized Representative of the assessee further drew our attention to the decision of the Hon'ble Jurisdictional High Court of Karnataka, Dharwad Bench in t....