2019 (1) TMI 1346

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....Section 260A of the Income Tax Act, 1961 (Act), challenges the order dated 8.5.2015 passed by the Income Tax Appellate Tribunal ("the Tribunal" for short). This appeal relates to the Assessment Year 1998-99. 2. Revenue has urged following questions of law for our consideration:- "(i) Whether on the facts and circumstances of the case and in law, the Tribunal was correct in holding that Section 4....

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....me separately or he has to exercise the option for all the contents of income together?" Regarding Q. No. 2 : 3. The issue arising herein stands concluded against the Revenue and in favour of the respondent - assessee by the decision of this Court in the case of Director of Income Tax (IT)-1, Vs. Deutsche Bank (Income Tax Appeal No. 663 of 2014) rendered on 28.11.2016 wherein an identical questi....