2020 (1) TMI 1629

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....r>Income Tax<br>Dr. Justice Vineet Kothari And Mr. Justice R. Suresh Kumar For the Appellant : Mrs.K.G.Usha Rani Standing Counsel For the Respondents : Mr.T.Pramodkumar Chopda COMMON JUDGMENT DR.VINEET KOTHARI, J. These Tax Cases have been filed by the Revenue, calling in question the correctness of the order passed by the Income Tax Appellate Tribunal, &#39;A&#39; Bench, Chennai, d....

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.... circumstances of the case, the Tribunal was right in holding that the block assessment order passed under section 158BC in the assessee&#39;s case is bad in law as the material seized was not books of account or other documents but loose sheets of paper? ii) Whether in the facts and circumstances of the case, the Tribunal was right in holding that since the amalgamation is a reality, amo....

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....stances of the case, the Tribunal was right in holding that interest paid by SPIL to the assessee for the period from 1.7.1997 till the date of search cannot be brought to tax?" 2. When the matters are taken up for hearing, learned Standing Counsel brought to our notice the Circular instruction issued by the Central Board of Direct Taxes vide Circular No.17/2019 dated 8th August 2019, wherein, ....