2016 (12) TMI 1828

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..... Act) challenges the order dated 12th February, 2014 passed by the Income-tax Appellate Tribunal (the Tribunal). The impugned order is in respect of Assessment Year 2008-09. "Whether on the facts and in the circumstances of the case and in law, the Tribunal is right in holding that no investment is made by the assessee in shares and securities (Mutual funds) out of interest bearing funds relying .....

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..... tain the Revenue's two appeals on an identical issue as not giving rise to any substantial question of law. The Revenue has not been able to point out any distinguishing features in the present appeal visa-vis the facts and law involved/existing in the Assessment Years 2006-07 and 2007-08, which would warrant a different view. 4. In the above view, the question as proposed does not give rise .....

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