2009 (3) TMI 1036 - HC - Income Tax

Summary

The Bombay High Court dismissed the Revenue's appeal against the tribunal's order, which was restored to the file of A.O. for fresh decision based on a Delhi High Court decision. The Revenue argued that the benefit was already granted to the assessee, but the assessee's counsel stated that additions should be made at three stages. The court concluded that the A.O. should follow the law under Section 145A, as the Delhi High Court judgment did not address this issue.