2019 (4) TMI 1174

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....Bansal,S.K. Garg ORDER We have heard Shri Manu Ghildiyal, learned counsel appearing for the Department and Shri Ashish Bansal learned counsel appearring for the respondent-assessee. This is a Department's appeal filed under Section 260-A of the Income Tax Act, 1961 (hereinafter referred to as 'the Act') against the order dated 31st March, 2005 passed by the Income Tax Appellate Trib....

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.... income of the assessee.?" These questions of law have been decided in favour of the assessee and against the Department in the earlier Income Tax Appeal No. 396 of 2008 (The Commissioner of Income Tax vs. M/s United Mercantile Cooperative Bank Ltd) on the basis of the Apex Court judgment reported in Commissioner of Income Tax vs. Karnataka State Cooperative Apex Bank (2001 (251) ITR 194) wherein....