CIT Vs. HENNA ZEBRAAT

JUDGEMENT

(1.) These appeals arise out of the orders passed by the Income Tax Appellate Tribunal Lucknow Bench, Lucknow dated 16-1-2009, in respect of assessment years. The department has raised the following substantial questions of laws to be considered by the High Court:-

(2.) The facts of the leading case (ITA No. 512 of 2009), as disclosed in paras 3 and 4 of the order of the Appellate Tribunal, are as stated below:-

(3.) In para 8 of the order of the Tribunal, it observed as follows:-