2015 (8) TMI 1598

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....ndra Singh, Junior Standing counsel. For the Respondent : None. ORDER 1. This appeal by the Revenue under Section 260A of the Income Tax Act, 1961 ('Act') is directed against the order dated 12th December 2014 passed by the Income Tax Appellate Tribunal ('ITAT') in ITA No. 341/Del/2012 for the Assessment Year ('AY') 2002-03. 2. The question urged by the Revenue in this appeal is w....

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....hich was a mandatory requirement as explained by the Supreme Court in GKN Driveshafts (India) Ltd. v. ITO (2003) 259 ITR 19(SC). 5. As regards the second ground, it is not in dispute that the AO in fact did not consider the objections filed by the Assessee. It is also not in dispute that he was guided only by the report of the investigation wing and that there was no other material available be....