Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2018 (11) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (11) TMI 1877 - ITAT KOLKATADisallowing / adding taxpayer’s discount and brokerage claim - CIT- A deleted the addition - HELD THAT:- We invited attention to the fact that this tribunal has already reversed the CIT’s action in assessment year 2011-12 seeking to disallow the very claim in sec. 263 proceedings. Learned co-ordinate bench’s order to this effect [2016 (11) TMI 1700 - ITAT KOLKATA] forms part of served before us. We are informed that Revenue’s appeal against the same is pending before hon'ble jurisdictional high court. There is no distinction on facts or law pointed out at either parties’ behest in these two assessment years qua the impugned identical issue. We therefore adopt judicial consistency in this facts and circumstances to affirm the CIT(A)’s findings under challenge deleting discount and brokerage disallowance -Decided against revenue.
|