2018 (11) TMI 1869

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..... AO for complying with the directions given by the Tribunal for the earlier four assessment years and then deciding the issue for the year under consideration accordingly. Assessee appeal is allowed for statistical purposes. - ITA No. 3059/PUN/2017 - - - Dated:- 15-11-2018 - SHRI R.S. SYAL, VICE PRESIDENT Appellant by Shri Kishor Phadke Respondent by Shri Rajesh Gawli ORDER .....

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..... to ₹ 52,86,109/-, being, percent of average value of investment under Rule 8D(2)(iii). The ld. CIT(A) echoed the assessment order on this point. 4. Having heard both the sides and gone through the relevant material on record, it is observed that similar issue was raised in the assessee s appeal for immediately preceding four assessment years namely, 2008-09 to 2011-12. Vide its order d .....

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