NARESH KUMAR,GURGAON, HARYANA vs. PCIT, JAIPUR

Per Annapurna Gupta, AM:- The present appeal was originally heard by the Division Bench consisting of Hon’ble Accountant Member, Sh. Rathod Kamlesh Jayantbhai and Hon’ble Judicial Member, Sh. Narinder Kumar. On account of a difference of opinion between the Hon’ble Members on P a g e | 2 Naresh Kumar certain issues arising in the appeal, the following point(s) of difference were framed and referred to the Hon’ble President of the Tribunal under Section 255(4) of the Income Tax Act, 1961 (hereinafter referred to as “the Act”). “Whether based on the facts and circumstances of the case when the Ld. AO has verified the issue of chargeability of interest in hands of the assessee and taken a plausible v