TMI Blog2014 (10) TMI 787X X X X Extracts X X X X X X X X Extracts X X X X ..... he order of the CIT(A) and directed the AO to compute the gross tax liability on the assessee in accordance with the method of computation provided in ITR-6 for the AY 2011-12 - the method of computation, as directed by the CIT(A) was plainly in accordance with the methodology as provided in ITR-6 – thus, the order of the Tribunal is upheld – Decided against revenue. - Income Tax Appeal No. - 207 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l before the Commissioner (Appeals) against an order that was passed under Section 143 (1) read with Section 154 of the Act by the ACIT-Centralized Processing Centre (CPC), Bangalore, by which a demand of ₹ 10,92,766.00 was raised on the assessee. The following grounds of appeal were raised before the Commissioner (Appeals): 1. Because the rectification application filed under Section 15 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... October 2013 and directed the Assessing Officer to compute the gross tax liability on the assessee in accordance with the method of computation provided in ITR-6 for the assessment year 2011-12. The Tribunal has dismissed the appeal filed by the Revenue by its order dated 22 May 2014. The only question which is raised pertains to the computation of tax in accordance with the modalities which ar ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e aforesaid entries leave no manner of ambiguity in regard to the method of computation of tax liability. Entry 3 requires computation of the gross tax payable. Under entry 4, credit is required to be given under Section 115JAA of the Act of the tax paid in earlier years. Entry 5 requires a computation of the tax payable after credit under Section 115JAA of the Act. The matter is placed beyond dou ..... X X X X Extracts X X X X X X X X Extracts X X X X
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