2017 (8) TMI 1404

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..... 1. The matter is taken up today as 14th August, 2017 was declared a holiday on account of Janmashtami. C.M. No. 28691/2017 (exemption) 2. Allowed, subject to all just exceptions. ITA No. 614/2017 3. This is an appeal under Section 260A of the Income Tax Act, 1961 ('Act') by the Revenue against the order dated 11th January, 2017 passed by the Income Tax Appellate Tribunal ('ITAT') in ITA No. 2 .....

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..... rmination on this aspect. 5. The second issue concerns the payment of Rs. 3.33 crores as charges for conversion of the property held by DGHPL from leasehold to freehold. This issue is linked with the earlier issue regarding the shareholding in DGHPL. The conversion of the property from lease hold to free hold, of the entity whose shares were held by the Assessee could not in the circumstances be .....

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