2014 (9) TMI 90

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..... Jasani JUDGEMENT Having heard Mr. Suresh Kumar, learned counsel for the Revenue in support of this Appeal and Mr. Irani, learned Senior Counsel appearing for the Assessee, we are of the opinion that the order of the Tribunal impugned in this Appeal does not raise any other questions, save and except, the following substantial question of law:          &n .....

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..... f the opinion that the Revenue continues to raise the same questions which it has been raising from the time of the judgment delivered by this Court in the case of Commissioner of Income Tax Tribunal v/s New India Assurance Company Ltd reported in (1969) 71 ITR page 761. This decision was followed in the case of Life Insurance Corporation of India v/s Commissioner of Income Tax Act reported in (19 .....

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..... other appeals which have been admitted,we would have while dismissing this appeal imposed heavy costs on the Revenue and which costs would have been directed to be borne individually by the officer who had decided to file this appeal. We refrain from doing so simply because Mr. Suresh Kumar brought to our notice the fact that question (c), which is termed as substantial question of law in this Ap .....

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