2008 (9) TMI 970

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..... ibunal, Bangalore Bench C in ITA. 600/Bang/2003 dated 19.12.2003 for the assessment year 1998-99 confirming the order passed by the commissioner of income tax (Appeals), Hubli, who inturn had confirmed the order passed by the assessing authority, wherein the transaction declared in the regular returns as unexplained investment under section 69 of the Income tax Act 1961. 2. The substantial qu .....

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..... al, ITA 186/2004 which is applicable on all four to the facts of the case, we answer the substantial question of law no. 2 as per final order and pass the following : ORDER The appeal is allowed. The order passed by the income tax Appellate Tribunal, Bangalore Bench C in ITA 600/Bang/2003 for assessement year 1998-99 confirming the order passed by the commissioner of the income tax Hubli .....

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