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2019 (1) TMI 1074

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Full Text of the Document

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....e SANJIV KHANNA, J. This appeal filed by the Revenue under Section 260A of the Income-Tax Act, 1961 in the case of INS Finance & Investment P. Ltd., relates to the assessment year 2011-12 and arises out of the order of the Income-Tax Appellate Tribunal dated 13th April, 2018. 2. The issue relates to taxation of Rs. 3,19,07,676/- which was received by the respondent - assessee on cancellat....