2015 (1) TMI 1067

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..... & Mr Manish J Shah, Adv. ORDER (Per : Honourable Mr. Justice Jayant Patel) 1. All the appeals were admitted together with Tax Appeal No.1485 of 2007 on the following common substantial question of law. (A) Whether on the facts and in the circumstances of the case, the Appellate Tribunal was right in law in confirming the order of the CIT (A) whereby he deleted the addition in the value of clo .....

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..... ent matter is already covered by the earlier decision of this court in case of Assistant Commissioner of Income Tax Vs. Narmada Chematur Petrochemicals Ltd. Reported at (2010) 327 ITR 369 (Guj.) and even this court, while considering Tax Appeal No.1485 of 2007 which was part of the present group, held accordingly and the question was also answered in favour of the assessee. 4. We may record that t .....

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..... learned senior advocate appearing on behalf of the appellant. Despite service of notice, there is no appearance on behalf of the respondent assessee. 4. Considering the fact that the controversy involved in the present case stands concluded by a decision of this Court in the case of Assistant Commissioner of Income-Tax vs. Narmada Chematur Petrochemicals Ltd., (2010) 327 ITR 369 (Guj.) wherein th .....

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