2009 (12) TMI 28

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.... counsel for the department and Sri Rahul Agrawal, learned counsel for the assessee. The above noted appeal has been filed under Section 260-A of Income Tax Act and is directed against the order dated 28-11-2009 passed by the Income Tax Appellate Tribunal, Agra Bench, Agra in ITAT No.287/Agra/2000 relating to the assessment year 1997-98. In the memo of appeal, the following questions of law hav....

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....ct of the case that the assessee had failed to prove that the old stock of silver was unused and was lying intact and that silver purchased during the year was used in the manufacturing process conducted during the year?" The Tribunal under appeal has relied upon its earlier order relating to the earlier assessment years wherein the Tribunal has accepted the method of accounting as employed by ....