2011 (6) TMI 999

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.... MATHAN, J. This is a miscellaneous application filed by the assessee against the order of this Tribunal in ITA No. 1599/Mds/2009 and CO No. 18/Mds/2009 dated 14-10-2010 for the assessment year 2005-06. 2. Shri S. Sathiyanarayanan, CA represented on behalf of the assessee and Shri Shaji P. Jacob, learned Sr. DR represented on behalf of the Revenue. 3. It was submitted by the learned authorised ....

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.... two sentences of para 10, which reads as follows : " In the light of the above, the issue is restored to the file of the Assessing Officer to consider the allowability or extent of allowability of notional expenses when the ld. CIT(Appeals)'s direction is to recompute the quantum of expenses which should not be available for deduction but in conformity with the provisions of Rule 8D. We acknowl....