COMMISSIONER OF INCOME TAX Vs. GOVIND KUMAR

JUDGEMENT

(1.) HEARD Mr. L. M. Lodha for the Department.

(2.) THIS appeal is filed by the Department questioning the correctness of the order passed by the Income-tax Appellate Tribunal confirming the order of the Commissioner of Income-tax (Appeals). The question posed for our consideration is whether the amount credited to the account of Ramchander Banarsidass is a deposit or a loan or a trading transaction ?