(1.) This appeal under Section 260A of the Income-tax Act, 1961 is at the instance of an assessee and is directed against an order dated 23rd June, 2004, passed by the Income-tax Appellate Tribunal, C Bench, Kolkata in Income-tax Appeal bearing ITA No.1220 (Kol) of 1997 for the Assessment Year 1991-92 and thereby dismissing the appeal filed by the assessee.
(2.) Being dissatisfied, the assessee has come up with the present appeal.
(3.) The facts giving rise to filing of the appeal may be summed up thus: