2012 (7) TMI 1004

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ust, 2011 in relation to Assessment Year 2006-07. We found the present appeal is sought to be admitted on the following suggested questions of law :- a) Whether on the facts and in the circumstances of the case, the Learned Income Tax Appellate Tribunal has erred in law in deleting the addition of ₹ 28,01,585/- under Section 40(a)(ia) of the Income Tax Act, 1961 in spite of the fact .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... The first issue the learned Tribunal recorded is covered by the decision of the learned Tribunal in I TA No. 2228/Ahd/2009 of the Income Tax Appellate Tribunal in the case of Vipin P. Mehta . The learned Tribunal has extensively quoted the decision of the earlier decision of the learned Tribunal of Mumbai Bench. Nothing had been said whether the aforesaid decision has been appealed against nor .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X