COMMISSIONER OF INCOME TAX Vs. RATAN KUMAR SINGH

JUDGEMENT

(1.) PRESENT appeal under Section 260 -A of the Income Tax Act, 1961 has been preferred by the Department against the judgment and order dated 31.05.2003 passed by the Income Tax Appellate Tribunal, Lucknow in ITA No.1401/ALLD/1997, for the block period 01.04.1986 to 26.06.1996.

(2.) ON 29.04.2008, a Coordinate Bench of this Hon'ble Court has admitted the instant appeal on the following substantial question of law:

(3.) IN the above circumstances, the A.O. has made the additions under Section 158 -BC of the Act for the block period mentioned above, pertaining to the Blood Bank; and Charak X -Ray, as per the following details given herein under: <FRM>JUDGEMENT_753_TLALL0_2013.htm</FRM> The additions made by the A.O. were upheld by the First Appellate Authority. However, the Tribunal has deleted both the additions. Being aggrieved, the department has filed the present appeal.