2018 (6) TMI 74

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..... aushik, Advocate.For The Respondent. ORDER Admit. The following questions of law arise: "Did the ITAT fall into error in holding that the sum of Rs. 27,11,797/- on account of interest, could not be sustained in the circumstances of the case?" The second question of law urged is with respect to the payment of Rs. 1,05,86,958/- made by the assessee to the farmer/owners of the agricultural lan .....

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..... ery alleged violation of law, but such violation as results in a penal consequence, determined by that law, which is attracted by Section 37(1). The other interpretation would confer jurisdiction on matters beyond the Income Tax Act. The revenue authorities do not have such powers. Revenue Authority argued that this is to decide what constitutes infraction of other provisions of law. No question o .....

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