2019 (4) TMI 575

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....Mr. Vivek Sethi, Sr. Standing Counsel ORDER AJAY KUMAR MITTAL, J. 1. This appeal has been preferred by the revenue under Section 260A of the Income Tax Act, 1961 (in short "the Act") against the order dated 8.3.2018 (Annexure A-3) passed by the Income Tax Appellate Tribunal, Amritsar Bench, Amritsar (hereinafter referred to as "the Tribunal") in ITA No. 509(ASR)/2017, for the assessment y....

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....ar Ltd. [ITA No.552, 565 of 2005, ITA No. 1191 of 2007, ITA No. 139, 466, 537 of 2008 and ITA No. 408 of 2003 date of decision 29.11.2010] which is a Non-Banking Financial Corporation, whereas the assessee under consideration is a Cooperative Society? iv) Whether on the facts and in the circumstances of the case, the Ld. ITAT has erred in confirming the decision of Ld. CIT(A) who deleted ....

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....revity "the CIT(A)"]. The CIT(A) vide order dated 8.6.2017 (Annexure A-2) allowed the appeal and deleted the addition of Rs. 2,14,85,165/-. Against the order, Annexure A-2, the revenue filed an appeal before the Tribunal. The Tribunal vide order dated 8.3.2018 (Annexure A-3) upheld the order of the CIT(A) and dismissed the appeal of the revenue. Hence, the present appeal. 3. We have heard learn....