2009 (10) TMI 938

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.... M. V. Seshachala, Advocate For the Respondent : Sri. S. Parthasarathi, Advocate JUDGEMENT This appeal by the Revenue is filed being aggrieved by the order passed by the Income Tax Appellate Tribunal, Panaji Bench, Panaji in ITA No. 66/PANJ/2005 wherein the Tribunal has dismissed the appeal filed by the Revenue. The appeal has been admitted for considering the substantial question of law ....

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....s granted such permission. If he enters into a partnership to deal in liquor, all the other partners would, as partners, also be dealing in liquor and holding the same. This would be contrary to the basic principle and illegal." Following the said decision, the substantial question of law is answered in favour of the Revenue in this appeal. Accordingly, the order of the Tribunal confirming the ....