COMMISSIONER INCOME TAX Vs. TRANSLAM LTD

JUDGEMENT

(1.) ALL the three appeals have been filed by the Department against the consolidated impugned order dated 26.8.2004, passed by the Income Tax Appellate Tribunal, New Delhi in I.T.A. Nos.2518, 2519 & 2520(Del) of 2001 for the Assessment Year 1995 -96; 1996 -97 & 1997 -98.

(2.) ON 1.10.2007, a coordinate Bench has admitted the appeals on the following substantial questions of law: -

(3.) WE have heard the learned counsel for the parties at length and perused the material available on record.