(1.) THE assessee is the appellant. It is a case of block assessment. These appeals are filed challenging the order of the Income -tax Appellate Tribunal "C" Bench, Chennai, dated August 25, 2006, made in I.T. (S.S.) A. Nos. 154/Mds/2004 and 4/Mds/2005 for the block assessment year 1989 -90 to 1999 -2000. T.C. (A.) No. 1244 of 2007 was admitted on the following substantial questions of law:
(2.) T .C. (A) No. 1245 of 2007 was admitted on the following substantial question of law:
(3.) Not being satisfied with the said order, the assessee preferred an appeal to the Tribunal. The Tribunal confirmed the order passed by the Commissioner of Income -tax (Appeals) holding that he has taken a liberal view and the same warrants no interference.