2019 (2) TMI 1266

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Respondent : Mr.N.V.Balaji, Advocate ORDER PER GEORGE MATHAN , JUDICIAL MEMBER This is an appeal filed by the Revenue against the order of the Commissioner of Income-tax (Appeals)-1, Madurai in appeal No.0085/2016-17 dated 17.05.2017 for the assessment year2013-14. 2. Mr.Guru Bashyam represented on behalf of the Revenue, and Mr.N.V.Balaji represented on behalf of the Assessee. 3. I....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....als) was liable to be reversed. 4. In reply, the ld.A.R submitted that the issue raised in this appeal was now settled by the decision of Hon'ble Apex Court in the case of Commissioner Vs. Mahindra And Mahindra Ltd., in [2018] 302 CTR213(SC) wherein the Hon'ble Supreme Court has categorically held in para 17 that:- "17. To sum up, we are not inclined to interfere with the judgement and....