2019 (10) TMI 638

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..... he RESPONDENT : ADV. SRI.A.KUMAR JUDGMENT SHAFFIQUE, J This appeal is filed by the Department inter alia raising the following substantial question of law: "Whether on the facts and in the circumstances of the case, the Hon'ble Tribunal was correct in law, in holding that the provisions of section 115JB of the Income Tax Act, 1961 are not applicable to assessee to whom the proviso to su .....

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..... The said decision has been re-iterated by a Division Bench of the Bombay High Court in The Commissioner of Income Tax-LTU, Commissioner of Income Tax (IT)-3 v. Union Bank of India and Others (2019 (5) TMI 355 - Bombay High Court), after referring to the decision in KSEB (supra) In the light of the aforesaid pronouncements by the Kerala High Court as well as the Bombay High Court, the question o .....

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