LAWS(ALL)-2017-8-501

PRINCIPAL COMMISSIONER OF INCOME TAX Vs. M/S SANGAM POWER GENERATION COMPANY LIMITED, C/O JAI PRAKASH ASSOCIATES

Decided On August 31, 2017
Principal Commissioner Of Income Tax Appellant
V/S
M/S Sangam Power Generation Company Limited, C/O Jai Prakash Associates Respondents

JUDGEMENT

(1.) Heard Sri Manish Misra, learned counsel for appellant and Sri Namit Sharma, learned counsel for respondent.

(2.) These appeals under Section 260(A) of Income Tax Act, 1961 (hereinafter referred to as " Act 1961") have arisen from judgment and order dated 15.03.2016 passed by Income Tax Appellate Tribunal (hereinafter referred to as " Tribunal") in ITA Nos. 357/LKW/2015 and 358/LKW/2015, relating to Assessment Year (hereinafter referred to as " A.Y") 201112 and 2012-13.

(3.) Both these appeals were admitted on three substantial questions of law which are common and, therefore, same are being reproduced from ITA No. 88 of 2016:"