2017 (1) TMI 1031

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..... Kumar, Vishwajeet ORDER Heard Sri Gaurav Mahajan, learned Counsel for the department and Sri S.D. Singh, Senior Advocate assisted by Sri Vishwjeet, learned Counsel for the assessee. This is an appeal filed by the department under Section 260A of the Income Tax Act, 1961 against the order passed by the Income Tax Appellate Tribunal dated 13.02.2009 for the assessment year 2001-02. The qu....

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....ing the facts and circumstances of the case and relying on the submission made by the assessee without adjudicating the issues held by AO in the assessment order ?" Insofar as the question no.1 is concerned, this very issue has been dealt by Hon'ble Apex Court in the case of Commissioner of Income-Tax v. Walfort Share and Stock Brokers P. Ltd. reported in (2010) 326 ITR 1 (SC). The Apex Cou....