2008 (12) TMI 413

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....ed by Adarsh Kumar Goel J.-The Revenue has preferred this appeal under section 260A of the Income-tax Act, 1961 (in short, "the Act") against the order of the Income-tax Appellate Tribunal, Amritsar Bench, Amritsar dated October 12, 2007, passed in I. T. A. No. 213(ASR)/2007 for the assessment year 2003-04, proposing to raise the following substantial questions of law : "1. Whether, on the f....

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....ppellate authority upheld the claim of the assessee. The Tribunal has upheld the said view. 3. Learned counsel for the Revenue submits that the assessee made the claim by way of an application without filing a revised return and in such a situation, the judgment of the hon'ble Supreme Court in Goetze (India) Ltd. v. CIT [2006] 284 ITR 323 was applicable and deduction could not be allowed. 4.....