STONE INDIA LTD. Vs. COMMISSIONER OF INCOME-TAX

JUDGEMENT

(1.) The appeal is directed against a judgment and order dated Jan. 7, 2011, passed by the learned Income Tax Appellate Tribunal, B Bench, Kolkata in ITA No. 1254/Kol/2010, pertaining to the assessment year 2006-07, by which the learned Tribunal allowed an appeal preferred by the revenue. The aggrieved assessee has come up in appeal.

(2.) The following questions of law were formulated on June 16, 2011, when the appeal was admitted:

(3.) The facts of the case, briefly stated, are as follows.