2004 (7) TMI 56

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....eal filed by the Revenue (Income-tax Department) under section 260A of the Income-tax Act, 1961, against an order, dated March 7, 2003, passed by the Income-tax Appellate Tribunal in I.T. (SS) A. No. 31/Ind of 1997. In short, the question that arises for consideration in this appeal is, whether this appeal involves any substantial question of law as is required to be made out under section 260A....

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.... said amount to be that of the assessee added in his total income. The Tribunal set aside the order of the Assessing Officer in so far as it related to additions made by him (AO). In other words, the Tribunal accepted the factual explanation coupled with the evidence tendered by the assessee in relation to the impugned additions made by the Assessing Officer and held that since the same have been ....

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....he Tribunal is good or bad, or whether it was rightly accepted, or not cannot be probed again in appeal by this court. It is only when the factual finding is entirely de hors the subject, or it is based on no reasoning, or it is absurd to the extent that no reasonable prudent man can ever reach such conclusion, or it is against the provision of law, that a case for substantial question of law is m....