M/S. Icici Bank Ltd ( Erstwhile Icici ... vs The Dy Cit Rg 3(1), Mumbai on 27 April, 2023
Since the CIT(A) had followed the order of his
predecessor for the Assessment Year 2000-01, we deem it
appropriate to remand this issue back to the file of the Assessing
Officer for fresh adjudication keeping in view the judgment of the
Hon'ble Bombay High Court in the case of CIT vs. Tata Chemicals
(256 ITR 395 (Bombay) and the judgment of Hon'ble Supreme
Court in the case of DCIT vs. Core Healthcare Ltd. : 298 ITR 194
(SC). In view of the aforesaid, Ground No. [4] raised by the
Assessee is allowed for statistical purposes.