2026 (6) TMI 1341

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e Respondent: Ms. Shilpa Goel. P.C. 1. This appeal under Section 260A of the Income Tax Appeal, 1961 assails an order dated 10th August 2022 rendered by the Income Tax Appellate Tribunal, Bench at Mumbai, by which Revenue's appeal came to be dismissed against an order dated 17th November 2021 passed by the Commissioner of Income Tax (Appeals)-55, Mumbai. The Cross Objections which were filed....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....able under section 37(1) of the Act. B. Whether on the facts and in the circumstances of the case and in law, the Tribunal was justified in treating the Appellant's cross-objections as infructuous?" 3. Insofar as first question of law is concerned, Mr. Sheth, learned counsel for the Appellant-assessee has clearly stated that the said question will stand covered against the Appellant-as....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... contend that the Tribunal has not adjudicated the cross-objections as in the cross-objections revolved around question no. 1 which now stands covered by the decision of Supreme Court in Director of Income-tax (IT)-I, Mumbai Vs. American Express Bank Limited (supra). We do not intend to delve on such rival contentions or express any opinion. Suffice it to observe that the Tribunal will have to pas....