M/S. SANWARIA AGROILS LIMITED,BHOPAL vs. THE ACIT 1(1), BHOPAL

In the result, the appeal of the assessee is partly allowed

Bench: Shri Chandra Mohan Garg & Shri O.P.Meena

1) (iia) of the Act even prior to the amendment brought in by Finance Act 2012. 39. The learned Sr. D.R. has relied in the case of Clover Developer P Ltd. v. ACIT [I.T.A. No. 6422/M/2011-A.Y. 0708 dtd. 01-05-2013],which is in favour of the Revenue. However, the assessee has relied on various decisions as referred to above

SHRI DILIP BUILDCON LTD,BHOPAL vs. DCIT CENTRAL -1, BHOPAL

In the result, revenue’s appeal for A