JCIT, BANGALORE vs. M/S VIJAYA BANK, BANGALORE

In the result the appeal by the Assessee is allowed

Bench: Shri N.V. Vasudevan & Shri Jason P. Boazassessment Year : 2008-09

section 35B(1)(b)(iv) of the Act in the absence of any appeal or any cross- objection filed by it against the order of the Commissioner of Income-tax (Appeals). The Court after considering several judicial pronouncements on the subject held as follows: “We are therefore of the view that it is permissible on the part

VIJAYA BANK,BANGALORE vs. ADDL.C.I.T., BANGALORE

In the result the appeal by the Assessee is allowed