2002 (4) TMI 21

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....king the opinion of this court on the following questions: "1. Whether, the Tribunal was justified in ignoring the material collected by the Commissioner of Income-tax (Appeals) under section 250(4) of the Act and reversing the finding of the Commissioner of Income-tax (Appeals) based on such material solely on the ground that material so collected by the Commissioner of Income-tax (Appeals) wa....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ncerns for rendering similar services were not placed before the Income-tax Officer. The Commissioner of Income-tax (Appeals) without confronting the documents to the Income-tax Officer read those documents for the benefit of the assessee. The Income-tax Appellate Tribunal excluded those documents from consideration and held that the assessee had paid a discount at the rate of eight per cent. to i....