2011 (6) TMI 955

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....al under Section 260A of the Income-tax Act, 1961 is at the instance of the Revenue and is directed against order dated 6th August 2010 passed by the Income-tax Appellate Tribunal, 'A' Bench, Kolkata in IT(SS)A No.133(Kol) of 2003 for the Block Assessment for Block Period ended 3-11-1998 thereby dismissing the appeal preferred by the Revenue. Being dissatisfied, the Revenue has come up with the ....

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....ears that all the payments were made by the applicants by account payee cheques. It appears from the Assessing Officer's order that his grievance was that the assessee was not willing to produce the parties who had allegedly advanced the fund. In our opinion, both the Commissioner of Income-tax (Appeals) and the Tribunal below were justified in holding that after disclosure of the full particula....