2024 (5) TMI 1517

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..... , Adv. For the Respondent : Mr. Hemant Tiwari, Adv. ORDER The Court : This appeal filed by the revenue under Section 260A of the Income Tax Act, 1961 (the Act) is directed against the order dated 3rd August, 2023 passed by the Income Tax Appellate Tribunal, Bench-B, Kolkata (the Tribunal) in ITA No. 79/Kol/2021 for the assessment year 2012-13. The revenue has raised the following substantial q .....

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..... - on account of explained unsecured loan without considering the fact that the credibility of the loan provider were not established?" We have heard Mr. Tilak Mitra, learned senior standing counsel appearing for the appellant/revenue and Mr. Hemant Tiwari, learned counsel appearing for the respondent/assessee. The short issue which falls for consideration is whether any substantial question of l .....

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