ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, GUWAHATI vs. ROHIT JAIN, SHILLONG

In the result, the appeals filed by the Revenue are dismissed

Bench: Sri Rajpal Yadav(Kz) & Dr. Manish Borad

68 of the Income Tax Act. 1961 in the instant case and therefore, action inviting the mischief thereof does not arise and the Ld. Commissioner (Appeals) in reversing such flawed approach considering the facts and circumstances of the case in their totality was absolutely correct in his findings which were in consonance with the inalienable position

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, GUWAHATI vs. ROHIT JAIN, SHILLONG

In the result, the appeals filed by the Revenue are dismissed