2017 (4) TMI 1468

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..... cts of the assessment year 2011-12 and 2012-13 are demonstrated to us, we are bound to follow the decision of the coordinate bench for the assessment year 2011-12. Learned Commissioner (DR) fairly accepts that facts of these two assessment years are material similar. On these facts, nothing turns on the inconsistency, even if there be any, in the stand of the assessee. The decision of the coord .....

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..... s upholding the addition of ₹ 42,09,41,720 on account of alleged on money in respect of Ratnakar III and Ratnakar IV projects. 3. When this appeal was called out for hearing, learned representatives fairly agreed that the issue in appeal is squarely covered by a decision of the Tribunal, in assessee s own case, for the immediately preceding assessment year i.e. 2011-12. As a matte .....

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..... 4. We see no reasons to take any other view of the matter than the view so taken by the coordinate bench. As for the point made by the learned Commissioner (DR), whatever may be the approach of the assessee, unless any points of distinction between the facts of the assessment year 2011-12 and 2012-13 are demonstrated to us, we are bound to follow the decision of the coordinate bench for t .....

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