2018 (8) TMI 443

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....yan, JJ. For the Appellant : Mr.Sandeep Bagmar.R For the Respondent : Mr.Karthik Ranganathan, Standing Counsel JUDGMENT [ Delivered by T. S. Sivagnanam, J. ] Heard Mr.Sandeep Bagmar.R., learned counsel for the appellant and Mr.Karthick Ranganathan, learned Standing Counsel for the respondent Department. 2.The above appeal has been filed by the assessee challenging the order passe....

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....m deduction in respect of loss arising on premature termination of securitization agreement?" 4.After hearing the learned counsels for the parties for a considerable length of time, we do not propose to answer substantial question of law no.2 as framed by the appellant for the reasons set out in the following paragraphs. 5.The appellant's case is that the Tribunal overlooked the paper bo....

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....e assessee has filed a miscellaneous application before the Tribunal requesting it to decide the matter on merits by taking into consideration the paper books submitted by the assessee. The said miscellaneous application has been numbered as M.A.No.87/CHNY-2018. 9.Considering the grounds raised and the facts and circumstances of the case and also taking note of the fact that the authorised repr....

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.... assessee. 12.In the result, the tax case appeal is allowed, the impugned order, dated 10.10.2017, is set aside and the matter is remanded to the Tribunal for fresh and to be heard along with M.A.No.87/CHNY-2018. It is made clear that this Court has not made any observation touching upon the merits of the matter to canvass all issues before the Tribunal. 13.The learned Standing Counsel for t....