2016 (2) TMI 1270

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.... by the revenue being aggrieved by the impugned order dated 18.07.2014 passed in ITA No.317/Bang/2013 on the file of Income Tax Appellate Tribunal, Bangalore confirming the order passed by the Appellate Commissioner, confirming the order passed by the Deputy Commissioner of Income Tax, Circle-11(4), Bangalore, for considering the following substantial questions of law:- 1. "Whether on the facts a....

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....3(2) dated 14.09.2011 was also issued with reference to the revised return and that the assessing officer had recomputed the profits by applying percentage completion method and arrived at the taxable income in the assessment order? 3. Whether the Commissioner of Income Tax (Appeals) and the Tribunal were correct in annulling the assessment order without appreciating that the additional ground r....

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....issatisfied with the orders impugned, the appellants have presented this appeal. 3. We have heard the learned counsel appearing for the appellants and the learned counsel appearing for the respondent-assessee. 4. Sri K.V. Aravind, learned counsel appearing for the appellants, after going through the original re cords available, submits that the department has issued notice to the respondent-asse....