2019 (3) TMI 1137

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....Saxena with Mr. Prabhakar Ranshur For the Respondent : Mr. Porus Kaka, Sr. Advocate with Mr. Ved Jain and Mr. Manish Kanth i/b. Sanjay Singh and Mr. Sumi Soman ORDER P.C: The Judgment of the Income Tax Appellate Tribunal impugned in these appeals, is one passed by the Delhi bench of the Tribunal. However, we are informed that, assessment of the RespondentAssessee have now been transfer....

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....hands of the Revenue, reached the Tribunal. After one round or remand, the Tribunal held that, Assessing Officer was not correct in invoking the provisions of Section 2(22)(e) of the Act in case of the present facts. In this context, Counsel for the Revenue pressed the following question before us at the time of oral submission: "Whether on the facts and in the circumstances of the case a....

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....erusal of the accounts between the Assessee and the Company, what can be gathered is that, the sum of Rs. 4.07 Crores was repayment of the loan by the Company. Tribunal confirmed these findings and dismissed the Revenue's appeals. 6 The entire issue is thus based on appreciation of facts on record. Therefore, no question of law arises. 7 We notice that in Income Tax Appeal in Income Tax ....