2013 (3) TMI 102

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....la, Advocate for the respondent. JUDGMENT The present appeal under Section 260-A of the Income Tax Act, 1961 (for short 'the Act') arising out of an order passed by the Income Tax Appellate Tribunal, Amritsar Bench, Amritsar (for Short "the Tribunal") in respect of the assessment year 1994-95. The Revenue has claimed the following substantial questions of law: "i) Whether ITAT is right....

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.... reserves when the Hon'ble Supreme Court has set aside the similar issue to the file of CIT(A) in the case of Mehsana District Co.-op. Bank Ltd. v. ITO 251 ITR 522?" Initially, the assessment was finalized in terms of Section 143(3) of the Act on 28.02.2002. In the said order, the interest income earned from IDBI and PSEB bond was taken as income from other sources. The assessee made an applica....