2016 (2) TMI 1229

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..... 5/2014 of CBDT dated 11th February 2014 - HELD THAT:- The judgment in CIT v. Holcim India (P) Ltd. (supra) was delivered on 5th September 2014, the Court is not persuaded to accept the above plea of the Revenue. In any event, the circular of CBDT cannot possibly override a binding decision of the Court. Also the decision in CIT v. Holcim India (P) Ltd. (supra) was not challenged by the Revenue. .....

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..... is Court in CIT v. Holcim India (P) Ltd. [2014] 272 CTR 282 (Del). Learned counsel for the Revenue submits that the decision of this Court requires reconsideration by a larger Bench particularly in light of Circular No. 5/2014 of the Central Board of Direct Taxes dated 11th February 2014. 4. Having heard learned counsel for the Revenue and having examined the impugned order and considerin .....

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