West Bengal State Co-Operative Agriculture And Rural Development Bank Ltd. v. ACIT (2024)116 ITR 610 (Kol)(Trib)

S. 254(1) : Appellate Tribunal-Powers-Rejection of claim in first round of litigation-The Tribunal cannot decide the claim-Power of review is not permitted. [S. 56, 80P]

Held that  when the Tribunal has decided the issue on allowability of claim against the assessee in the first round of appeal, the Tribunal once again cannot agitate the ground of allowability. The Tribunal has no power of review. (AY.2006-07)

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