COMMISSIONER OF INCOME TAX Vs. OM OVERSEAS

JUDGEMENT

(1.) THIS order will dispose of IT Appeal Nos. 697, 689, 708 and 721 of 2010 as it has been stated by learned counsel for the Revenue that all the four appeals involve common questions.

(2.) IT Appeal No. 721 of 2010 has been preferred by the Revenue under S. 260A of the IT Act, 1961 (for short, 'the Act') against the order of the Tribunal, Delhi Bench 'B' New Delhi passed in ITA No. 2726/Del/2009 dt. 29th Jan., 2010 for the asst. yr. 2004-05, claiming following substantial questions of law :

(3.) WE have heard learned counsel for the Revenue. Re : questions (i) to (iii)