TMI Blog2008 (9) TMI 971X X X X Extracts X X X X X X X X Extracts X X X X ..... ssessee is filed being aggrieved by the order passed by the Income-tax Appellate Tribunal, Bangalore Bench 'C' in ITA.NO. 604/Banga/2003 dated 23.12.2003 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 case ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y. 4. For the reasons assigned in the said appeal, ITA.No.186/2004, which is applicable on all fours to the facts of the present case, we answer the substantial question of law No.1 in affirmative and 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.No.604/ ..... X X X X Extracts X X X X X X X X Extracts X X X X
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