TMI Blog2007 (6) TMI 70X X X X Extracts X X X X X X X X Extracts X X X X ..... -2007 - JUDGMENT The judgment of the court was delivered by P.D.DINAKARAN, J.1 The above tax case appeals are directed against the order of the Income-tax Appellate Tribunal in ITA Nos.1182 1714/Mds/2002 dated 24.3.2006 for the assessment years 1998-99 and 1999-2000 respectively, raising the following substantial questions of law. (a) Whether in the facts and circumstances of the cas ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and passed order accordingly. Hence, the assessee preferred appeals to the Commissioner of Income Tax (Appeals). The Commissioner deleted the addition made by the Assessing Officer for the assessment year 1998-99 and upheld the addition made for the assessment year 1999-2000. Against the said order, the Revenue as well as the assessee preferred appeals before the Income Tax Appellate Tribunal. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... egarded as undisclosed income of the company. 5. The view taken by the Delhi High Court in Commissioner of Income Tax v. Stellar Investment Ltd. (192 ITR 287) cited supra, was confirmed by the Apex Court and the same was reported in 251 ITR 263. 6. Applying the ratio laid down in the decision cited supra, we do not find any substantial question of law arises for our consideration. Accordi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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