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2014 (9) TMI 1161

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..... ld that:- Order liable to be set aside and the matter requires to be reconsidered by respondent No.2 in the light of the judgment rendered by a Division Bench of this Court in [2015 (1) TMI 821 - KARNATAKA HIGH COURT] The matter is remitted to respondent no.2-Commissioner of Income-Tax for reconsideration in accordance with law and in the light of the judgment of the Division Bench referred to .....

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..... judgment referred to above. Accordingly, I make the following order: The aforesaid two impugned orders are set aside. The matter is remitted to respondent no.2-Commissioner of Income-Tax for reconsideration in accordance with law and in the light of the judgment of the Division Bench referred to above. All contentions of both the parties are kept open. Petitions disposed of. - - TaxTMI - .....

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