2015 (4) TMI 1126

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..... tion 11 confirmed. See S. C. Dharmadhikari [2014 (10) TMI 540 - BOMBAY HIGH COURT] and A. K. Menon JJ [2014 (12) TMI 145 - BOMBAY HIGH COURT] - Decided against revenue - I. T. A. No. 1311 of 2013 - - - Dated:- 1-4-2015 - S. C. Dharmadhikari And A. K. Menon, JJ. For the Petitioner : A. R. Malhotra, N. A. Kazi For the Respondent : Kunal Vajani, Kunal Vaishnav, M/s. Wadia Ghandy and Co. .....

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..... has followed the view taken by this court in the case of CIT v. Institute of Banking [2003] 264 ITR 110 (Bom). 4. The Revenue's appeal has been dismissed following a Division Bench judgment. 5. A Division Bench of this court had occasion to consider similar questions (ITXA No. 797 of 2012 decided on September 26, 2014, Bench comprising of S. C. Dharmadhikari and A. K. Menon JJ. and late .....

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