(1.) Heard Sri Shakeel Ahmad, learned counsel for the appellant and Sri Piyush Agrawal and Sri Manu Ghildyal, learned counsel for the department as also perused the record.
(2.) This set of appeals have arisen from the common order of the Tribunal dated 30.07.2008 in departmental appeals no. 193 to 196-Alld/2007 for the assessment year 1992-93 to 1995-96; Cross Objections filed by the assessee in the aforesaid departmental appeals being C.O. No. 43, 44, 45 and 48 and; assessee's appeals no. 257 to 260/Alld/2004 for the assessment year 1992-93 to 1995-96.
(3.) These appeals were admitted on the following questions of law:-