2020 (8) TMI 73

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....ar, SSC assisted by Ms.K.G.Usharani, SC For the Respondent : Mr.G.Baskar JUDGMENT T .S.SIVAGNANAM, J. We have heard Mr.T.R.Senthilkumar, learned Senior Standing Counsel, assisted by Ms.K.G.Usharani, learned Standing Counsel appearing for the appellant - Revenue and Mr.G.Baskar, learned counsel appearing for the respondent. 2. This appeal, filed by the Revenue under Section 260A of t....

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....ithout noting that there is no time limit prescribed in the Income Tax Act for recording satisfaction note for issuing notice under Section 158BD and the Assessing Officer has initiated the proceedings within the reasonable time ?" 4. This appeal cannot be pursued by the Revenue in the light of the Board's circular in Circular No.24/2015 dated 31.12.2015. In the said circular, it has been s....