No Question of Law on Exercise of Revisionary power by CIT after recording cogent reasons if ITAT upheld the same

HIGH COURT OF GUJARAT Adani Agro (P.) Ltd. versus Deputy Commissioner of Income-tax   TAX APPEAL NO. 254 of 2012 DECEMBER  10, 2012 ORDER Akil Kureshi, J. This appeal is filed by the assessee against the decision of Income Tax Appellate Tribunal (“the Tribunal” for short) dated 21.11.2011 as ordered to be corrected by corrigendum dated 10.1.2012. 2. For the assessment years 2006-2007, the assessee had claimed set off of certain gain on sale of shares against unabsorbed speculation loss. The Assessing Officer had granted such claim, according to the Commissioner, ...