2021 (2) TMI 1337

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....OR THE APPELLANTS : SRI. JEEVAN J. NEERALGI, ADV FRO THE RESPONDENT : SRI. PERCY PARDIWALLA, SR. COUNSEL FOR : SMT. VANI H, ADV JUDGMENT This appeal under Section 260A of the Income Tax Act, 1961 (hereinafter referred to as the Act for short) has been preferred by the revenue. The subject matter of the appeal pertains to the Assessment year 2011-12. The appeal was admitted by a bench of t....

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....nder Section 115JB of the Income Act, 1961 as the aforesaid amount is unascertained?". 2. For the reasons assigned by us in the judgment passed today in I.T.A.No.1034/2017, the first substantial question of law is answered against the revenue. 3. Learned Senior counsel for the assessee submitted that the second substantial question of law has been answered against the revenue in decision of ....