2006 (2) TMI 159

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... of the court was delivered by A. M. SAPRE J.— This is an appeal filed by the assessee under section 260A of the Income-tax Act, 1961, against an order dated March 7, 2003, passed by the Income-tax Appellate Tribunal (for short hereinafter referred to as "the Tribunal") in I. T. A. No. 15/IND/97. This appeal was admitted for final hearing on September 8, 2003, on the following substantial que....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... 3. At the outset learned counsel appearing for both the parties have brought to our notice a decision rendered by this court in the case of this very assessee in Hemraj Nebhomal Sons v. CIT [2005] 278 ITR 345 (MP) Wherein the very question involved in this appeal was answered against the Revenue and in favour of the assessee. In other words, the only difference in this appeal and the one which th....