2023 (2) TMI 1324

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....MAR AND THE HON'BLE MR. JUSTICE RAMACHANDRA D. HUDDAR FOR THE APPELLANTS : BY SHRI. M. DILIP , STANDING COUNSEL FOR SHRI. K. V. ARAVIND , SENIOR STANDING COUNSEL FOR THE RESPONDENT : BY MS. JINITA CHATTERJEE , ADVOCATE FOR MS. MANASA , ADVOCATE JUDGMENT This appeal by the Revenue directed against order dated October 7, 2020 in ITA No.459/Bang/2020 for the A. Y. 2014-2015 passed by ....

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.... and circumstances of the case and in law, Tribunal was right in not appreciating the fact that CBDT Circular No.5/2014 dated 11.02.2014 and ignoring the law laid down by Hon'ble Supreme Court in case of Maxopp Investments Ltd (reported in 402 ITR Page 640 (SC))?" 2. Heard Shri M.Dilip, learned standing counsel for the Revenue and Ms.Jinitha Chatterjee, learned advocate appearing for the as....