2007 (1) TMI 87

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..... . The Revenue is aggrieved by an order dated August 30, 2005, passed by the Income-tax Appellate Tribunal, Delhi Bench "A" in I. T. A. Nos. 3098 and 2664/Del./2004 relevant to the assessment years 1999-2000 and 2000-01: 2 The only issue that has been raised in this appeal filed under section 260A of the Income-tax Act, 1961, is with regard to the date of commencement of business of the assess .....

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..... able on record. 5 Notwithstanding this, the Assessing Officer was of the view that the assessee had not commenced its business on February 9, 1999. This view was accepted by the Commissioner of Income-tax (Appeals). However, in appeal the Tribunal disagreed with the authorities below after taking into consideration the facts of the case. 6 It was noted by the learned Tribunal that transact .....

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