2008 (9) TMI 970

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.... assesse is filed aggrieved by the order passed by the income tax Appellate Tribunal, Bangalore Bench 'C' in ITA. 600/Bang/2003 dated 19.12.2003 for the assessment year 1998-99 confirming the order passed by the commissioner of income tax (Appeals), Hubli, who inturn had confirmed the order passed by the assessing authority, wherein the transaction declared in the regular returns as unexplained in....

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....22.09.2008 by a detailed order pronounced separately. 4. For the reasons assigned in the appeal, ITA 186/2004 which is applicable on all four to the facts of the case, we answer the substantial question of law no. 2 as per final order and pass the following : ORDER The appeal is allowed. The order passed by the income tax Appellate Tribunal, Bangalore Bench 'C' in ITA 600/Bang/2003 ....