2014 (3) TMI 471

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..... A Shankar & Sri M Lava, Advs. JUDGEMENT PC These two income tax appeals are directed against the order dated 22nd March 2007 rendered by Income Tax Appellate Tribunal, Bangalore Bench "A" (for short "the Tribunal") in ITA Nos.1074 & 1075 pertaining to assessment orders 2002-03 and 2003-04 whereby, the Tribunal allowed the appeals in part and remanded the matter to Assessing Officer to consider .....

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..... 4. Paragraph No.4 read thus :          "4. In view of the above submissions, we are remanding the issue to the file of the Assessing Officer to verify the claim of the assessee with regard to the investment made in 12% preference shares on which dividend income is not earned by the assessee and to the extent, they are being not exempted income, the expendi .....

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..... consideration afresh. Hence, without recording any further reasons, we dispose of the appeals by the following order: Order passed by the Tribunal in both the appeals dated 22nd March 2007 is set-aside and ITA Nos.1074 & 1075 are restored to file. The Tribunal shall consider these appeals afresh and dispose them of as expeditiously as possible and preferably within a period of four months from th .....

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