(1.) This appeal by the Assessee is against an order dtd. 12/6/2009 passed by the Income Tax Appellate Tribunal, Cuttack Bench, Cuttack (ITAT) in ITA No.213/CTK/2007 for the Assessing Year (AY), 2004-05.
(2.) While admitting this appeal on 24/11/2009, the following questions were framed for consideration by this Court:
(3.) The Court has heard the submissions of Mr. Gautam Mukherji, learned Senior Counsel appearing for the Appellant-Assessee and Mr. Radheyshyam Chimanka, learned Senior Standing Counsel for the Respondent-Revenue Department.