2012 (1) TMI 58

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....come Tax Act, 1961 (hereinafter referred to as the Act) has been filed against the order dated 27.0-6.2008 passed by the Income Tax Appellate Tribunal, Lucknow Bench 'B', Lucknow The Commissioner, Income Tax, Kanpur has proposed the following question of law said to be arising out of the order of Income Tax Appellate Tribunal.   "1. Whether on the facts and in the circumstances of the case....

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....rred an appeal before the Commissioner, of Income Tax (Appeals) II Kanpur, who vide order dated 15.11.2007 had allowed the appeal. The Revenue feeling aggrieved preferred an appeal before the Tribunal and the Tribunal vide order dated 27.16.2008 had been pleased to dismiss the appeal.   We have heard Sri Shambhu Chopra, learned senior standing counsel appearing for the Revenue. and Sri Ash....