TMI Blog2017 (9) TMI 1692X X X X Extracts X X X X X X X X Extracts X X X X ..... Vs. State Bank of Patiala [2017 (5) TMI 843 - PUNJAB AND HARYANA HIGH COURT] and The Pr. Commissioner of Income Tax, Patiala Vs. State Bank of Patiala [2017 (5) TMI 1551 - PUNJAB AND HARYANA HIGH COURT] - ITA No. 275 of 2017 (O&M) - - - Dated:- 26-9-2017 - Mr. Ajay Kumar Mittal And Mr. Amit Rawal JJ. For the Appellant : Mr. Zora Singh Klar, Senior Standing Counsel ORDER Ajay ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he Income Tax Rules, 1962 by holding that the order under Section 263 of the Income Tax Act, 1961 passed by the Principal Commissioner of Income Tax, Patiala has already been quashed by the Tribunal? 2. A few facts relevant for the decision of the controversy involved as narrated in the appeal may be noticed. Assessment under Section 143(3) of the Act was made by the Assessing Officer at an i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Tribunal quashed the order under Section 263 of the Act. In compliance to the order dated 18.03.2014 under Section 263 of the Act, the Assessing Officer passed order on 15.10.2014 under Section 143(3) read with Section 263 of the Act by making further addition of ₹ 43,43,39,393/- under Section 14A of the Act. Aggrieved by the order, the assessee filed an appeal before the Commissioner of In ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nce, the instant appeal by the appellant-revenue. 3. We have heard learned counsel for the appellant-revenue. 4. Learned counsel for the appellant-revenue very fairly submitted that the issue involved in the present appeal is covered against the revenue, by judgments of this Court in ITA No. 270 of 2016, The Pr. Commissioner of Income Tax, Patiala Vs. State Bank of Patiala decided on 27. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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