2014 (7) TMI 873

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..... he present appeal has been filed by the revenue under Section 260-A of the Income Tax Act, 1961 (in short "the Act") against the order of the Income Tax Appellate Tribunal, Chandigarh Bench 'A' (for brevity "the Tribunal") passed in ITA No. 200/CHANDI/2007 dated 25.10.2007 for the assessment year 2002-03, claiming the following substantial questions of law: (i) Whether the processing of r .....

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..... which provides ready market for raw peas? (iii)Whether the Hon'ble ITAT has erred in holding that there is no incremental profit to be taxed as nonagricultural income under Rule 7(1) and 7(2) if the prevailing market rate of raw peas is taken into consideration, whereas the assessee in his calculations before the A.O. on 09.06.2000 has himself worked out the incremental profits?" 2. Learned .....

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