2013 (10) TMI 1494

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....260A of IT Act, 1961 is directed against the order dt. 12th April, 2013 passed by the Income-tax Appellate Tribunal, Bench at Indore (for short "the Tribunal") in ITA No. 548/Ind/2012 for the asst. yr. 2007-08 whereby the Tribunal has affirmed the order dt. 12th July, 2012 passed by the CIT(A). 3. Briefly stated, the respondent-assessee had entered into one-time settlement (OTS) with De....

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....al of the assessee and directed the AO to delete the addition made at ₹ 88.39 lacs. The order passed by the CIT(A) was challenged by the Revenue before the Tribunal. 5. The Tribunal after considering the submissions made by the learned counsel for the parties, maintained the order of CIT(A). Feeling aggrieved, the Revenue is before this Court. 6. Having considered the submissions made by t....