2020 (11) TMI 777

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....D FOR THE APPELLANTS : BY SRI. K.V. ARAVIND, ADV. FOR THE RESPONDENT : BY SMT. S.R. ANURADHA, ADV. JUDGMENT Mr.K.V.Aravind, learned counsel for the revenue. Smt.S.R.Anuradha, learned counsel for the assessee. 2. This appeal under Section 260-A of the Income Tax Act, 1961 (hereinafter referred to as 'the Act', for short) has been preferred by the revenue. The subject matte....

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....ure is to encourage the creation of more businesses for the economy and not creation of more floors in the building and recorded perverse finding. 3. For the reasons assigned in the judgment dated 09.11.2020 passed in ITA No.3/2015, we are left with no option but to quash the order passed by the Tribunal. Therefore, it is not necessary to answer the substantial questions of law. The Tribunal sh....