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2022 (3) TMI 571

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..... one paragraph order without discussing the issues which arose for consideration. We, therefore, allow this appeal, set-aside the view taken by the High Court and remit the matter back to the High Court for fresh consideration. Income Tax Appeal is thus restored to the file of the High Court to be decided afresh and purely on its own merits. - CIVIL APPEAL NO. OF 2022 (Arising out of SLP (Civil) .....

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..... r. Adit Khorana, Adv. Ms. Niranjana Singh, Adv. Mr. Amit Verma, Adv. Mr. Manish Pushkarna, Adv. Mr. Shyam Gopal, Adv. Mr. Raj Bahadur Yadav, AOR For the Respondent : Mr. Arvind Datar, Sr. Adv. Mr. Vikas Mehta, AOR Mr. Sandeep Hora, Adv. Mr. Adith Nair, Adv. ORDER CIVIL APPEAL NO. OF 2022 (Arising out of SLP (Civil) No.10396 of 2019) 1. Leave granted. 2. This appeal challen .....

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..... by the assessee as well as the revenue and the Income Tax Appellate Tribunal vide its judgment and order dated 09.11.2017 affirmed the view taken by the CIT (Appeals) in respect of ₹ 6,36,50,000/- and dismissed the appeal preferred by the Revenue. It also allowed the appeal in respect of ₹ 1,41,50,000/-, and thus the entire relief was granted in favour of the assessee. 5. Income Ta .....

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..... set-aside the view taken by the High Court and remit the matter back to the High Court for fresh consideration. Income Tax Appeal No.137 of 2018 is thus restored to the file of the High Court to be decided afresh and purely on its own merits. 7. For facilitating early disposal, Income Tax Appeal No.137 of 2018 shall be listed before the High Court on 18.04.2022, on which date, both the Revenue .....

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