2022 (4) TMI 912

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....espondent Through: Mr. Puneet Rai, senior standing counsel for the Revenue with Ms. Adeeba Mujahid and Mr. Karan Pandey, Advocates. J U D G M E N T MANMOHAN, J (Oral): C.M.No.18115/2022 Exemption allowed, subject to all just exceptions. Accordingly, the application stands disposed of. ITA No.85/2022 1. Present appeal has been filed challenging the Order dated 18th February, 2020 passed ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....(2010) taxmann.com 302 (Delhi) as well as Principal Commissioner of Income Tax-1 vs. Asian Mills Pvt. Ltd. decided by Gujarat High Court in R/Tax Appeal No.244/2021. 4. Learned counsel for the Appellant further states that the Tribunal has failed to follow the principle of consistency laid down by the Supreme Court in Radha Soami Satsang v. CIT [1992]193 ITR 321(SC). 5. Having perused the paper....