The court held that the Revenue did not raise this issue in its cross appeal and the Assessee provided a satisfactory explanation for splitting the consideration, thus dismissing the appeal with no substantial question of law.
The appeal was dismissed as no substantial question of law arises.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
Signature Not Verified Digitally Signed By:AM UL I TA YA 182/2016
J" \ \
S.MURALIDHAR, J
MARCH 08,2016 Rk
VIBHUBAKHRU, J
ITA182/2016
^ Page„ 2 of 2
1 issue framed by the court
Whether the appeal against the acceptance of splitting of consideration requires restoration of the matter to the Assessing Officer.
S. Muralidhar
Vibhu Bakhru
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
