2016 (7) TMI 1489

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..... allowed the Respondent-Assessee's appeal by following its order in the case of same Respondent-Assessee for the Assessment Year 2006-2007. It is an agreed position between the parties that being aggrieved by the order of the Tribunal for the Assessment Year 2006-2007 rendered in respect of the same Assessee, the Revenue had preferred an appeal to this Court[2016 (3) TMI 736 - BOMBAY HIGH COURT]. .....

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..... question of law for our consideration: Whether on the facts and in the circumstances of the case and in law the Tribunal was justified in law holding that the assessee's activity of providing services is similar to the nature of services and activity of Carlyle India Advisors Pvt. Ltd. Ignoring the fact that activities of the assessee's are comparable to merchant banking / investment .....

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