2017 (11) TMI 1696

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....>Income Tax<br>Mr. S. Ravindra Bhat And Mr. Sanjeev Sachdeva JJ. For the Appellant : Mr. Puneet Rai with Mr. Ruchir Bhatia and Mr. Gaurav Khetrapal, Advocates. For the Respondent : None ORDER 1. T....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ies, that the disallowance was not warranted because of a one-time settlement, with the lender IDBI and, furthermore, that the relief amount had been declared as income for the concerned assessment ye....