2020 (7) TMI 721

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.... Appellants (By Sri. E.I. Sanmathi, Adv., ) Respondent (By Sri. H.Y. Harish, Adv., for Smt. Vani H., Adv.) O R D E R ALOK ARADHE J, Mr. E.I. Sanmathi, learned counsel for appellants. Mr. H.Y. Harsih, learned counsel for respondent. This appeal has been filed by the revenue which was admitted by a Bench of this Court vide order dated 29.05.2012 on the following substantial ques....

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.... Court is answered in favour of the revenue and against the assessee. 5. However, in the event the assessee succeeds before the Apex Court, it is clear that this order also cannot come into effect. The assessing authority shall therefore, pass an order under Section 260(1A)of the Act, based on the outcome of the assessee's appeal before the Apex Court. If the assessee loses his battle before th....