LAWS(DLH)-2012-8-372

CIT Vs. TEI TECHNOLOGIES PVT LTD

Decided On August 27, 2012
CIT Appellant
V/S
TEI TECHNOLOGIES PVT LTD Respondents

JUDGEMENT

(1.) THESE are two appeals filed by the Commissioner of Income Tax under Section 260A of the Income Tax Act, 1961, which is herein after referred to as ,,Act. The appeals are directed against the orders passed by the Income Tax Appellate Tribunal (hereinafter referred to as ,,Tribunal). The appeals relate to the assessment years 2002-2003 and 2003-2004. The Tribunal has passed separate orders for each year, though both of them are dated 18th June, 2010.

(2.) ON 26th April, 2012 the following substantial questions of law were framed: - ITA No.2067/2010 (assessment year 2002-2003)

(3.) THE assessee filed an appeal against the assessment order before the CIT (Appeals) on various grounds and in the course of the appeal proceedings raised an additional ground as follows:-