Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2016 (7) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2016 (7) TMI 1092 - HC - Income TaxEnhancement of the Net Profit Rate - Held that:- Once the Revenue, being bound by the circular of the C.B.D.T., New Delhi, has withdrawn its appeal seeking enhancement of the Net Profit Rate, inter se the same parties, it cannot be allowed to reagitate the issue. However, such observation on our part would not preclude the Revenue from moving any application for revival of the aforereferred appeal since the liberty for the same was granted by this Court while permitting the appeal to be withdrawn.
|