2007 (10) TMI 724

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..... 'F', New Delhi) in I.T.A. No. 792/Delhi/2007 relevant for the assessment year 1997-98. 2. In the first round of litigation, which was carried up to the Income Tax Appellate Tribunal (hereinafter referred to as 'the Tribunal') one of the questions required to be determined was whether the assessee was carrying on business in the previous year relevant to the assessment year in ques .....

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..... the assessee accepted the offer for import of materials. 5. This factual conclusion having been arrived at by all the three authorities below, we are not persuaded to take a different view. No perversity in the impugned order has been shown by learned Counsel. 6. Under the circumstances, we are of the opinion that no substantial question of law arises for our consideration. 7. The appeal is acc .....

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