(1.) This appeal filed by the Revenue under Section 260A of the Income Tax Act, 1961 ('the Act' for brevity) is directed against the order dated 26.07.2017 in I.T.A.No.3458/Mds/2016, on the file of the Income Tax Appellate Tribunal 'D' Bench, Chennai ('the Tribunal' for brevity) for the assessment year 2012-13. The appeal is admitted on the following Substantial Questions of Law:
(2.) The background facts:
(3.) The Revenue is on appeal on all the five grounds decided by the Tribunal.