2020 (1) TMI 1473

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....e Appellant : SRI.SURYANARAYANA T, ADVOCATE For the Respondent : SRI.JEEVAN.J.NEERALGI, ADVOCATE JUDGMENT This appeal under Section 260A of Income Tax Act, 1961 has been filed by the assessee. It was admitted by the Bench of this Court vide order dated 30.01.2015 on the following substantial question of law: "9.1 Whether on the facts, in the circumstances and on the grounds and c....

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.... of investments giving rise to exempt income innumerable times, Rule 8D(2)(ii) had no application?" 2. When the matter is taken up today learned counsel for the parties jointly submitted that substantial question of law 9.1 is answered by this Court vide judgment dated 24.01.2020 passed in ITA No.258/2011. Accordingly, the aforesaid substantial question of law is answered in terms of the afores....