2020 (2) TMI 837

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....ta, Adv. And Mr. S. Agarwal, Adv. Respondent: Mr. S.K. Mishra, Adv. ODDER The Court : The legal issues that arise from the questions formulated in paragraph 7 of the petition, from the records and from the submissions made by learned counsel for the parties, will appear from the narration below. Mr. Bag, learned advocate appearing for the appellant, submits that the profit earned by th....

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....be borne in mind by the learned tribunal in deciding the matter afresh as we propose to direct. Part of the impugned order dated 24th August, 2018 which relates to the questions formulated in paragraph 7 of the petition is set aside with a direction upon the tribunal to reconsider the matter afresh, deciding the applicability of Section 44AD particularly sub-Section 5 thereof, by admitting additio....