M/S Honey Enterprises vs Commissioner Of Income Tax, Delhi on 8 December, 2015

VIBHU BAKHRU, J

1. These appeals – four in number – are filed under Section 260A of the

Income Tax Act, 1961 (hereafter the ‘Act’) impugning two separate orders

of the Income Tax Appellate Tribunal (hereafter ‘ITAT’) in respect of

Assessment Years (hereafter ‘AY’) 1992-93 and 1993-94. Whilst ITA Nos.

163/2002 and 377/2004 are Assessee’s appeals impugning ITAT’s orders

dated 19th December, 2001 for AY 1992-93 and 15th December, 2003 for

AY 1992-93 respectively; ITA No. 260/2002 and ITA No. 537/2004 have

been preferred by the Revenue against the aforementioned orders passed by

ITA 163/2002 & Connected Matters Page 2 of 39
the ITAT.

2. Identical questions have been raised in the appeals preferred by the

Revenue as well as the Assessee. These appeals were admitted by an order

dated 21st September, 2004. Insofar as the appeals of the Revenue are

concerned (being ITA Nos. 260/2002 and 537/2004), the following

question of law was framed:-

Source: Indian Kanoon

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