2018 (7) TMI 1966

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....C : This Appeal under Section 260A of the Income Tax Act, 1961 (the Act), challenges the order dated 24.6.2015 passed by the Income Tax Appellate Tribunal (the Tribunal). The impugned order dated 24.6.2015 is in respect of Assessment Year 200607. 2 Mr. Chhotaray, the learned counsel for the Revenue urges the following questions of law, for our consideration: "(a) Whether on the facts and in t....

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....n CIT v. Continental Warehousing Corporation (Nhava Sheva) Ltd. [2015] 374 ITR 645 (Bom) and CIT (Central), Nagpur v. Murli Agro Products Ltd. [2014] 49 Taxmann. Com 172 (Bom). Therefore, the issue so far as this Court is concerned, the question on merits would stand concluded favour of the Respondent Assessee and against the Appellant Revenue. However, it is his submission that Karnataka High Cou....