2008 (1) TMI 384

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....Heard Sri M. V. Seshachala for the appellant and Mr. M. V. Javali, for the respondent. 2. This appeal under section 260A of the Income-tax Act, 1961 (hereinafter shall be referred to as "the Act"), is at the instance of the Revenue against the order of the Income-tax Appellate Tribunal, Panaji Bench, dated July 17, 2003, passed in I. T. A. No. 27/Panj/2002 for the assessment year 1987-88. The que....