Mr. Pranit Bag, Advocate
Ms. Amani Kayan, Advocate
Mr. A. Agarwalla, Advocate
Ms. Priyanka Garain, Advocate
Heard on : 20.08.2025
Judgment on : 20.08.2025
T.S. SIVAGNANAM, CJ. : This appeal filed by the revenue under Section
260A of the Income Tax Act, 1961 (the Act) is directed against the order dated
18.12.2009 passed by the Income Tax Appellate Tribunal “B” Bench, Kolkata (Tribunal)
in IT (SS) A No.70 (Kol) of 2008 for the Block Assessment Year 1991-92 to 2001-02.
2025:CHC-OS:157-DB
The appeal filed by the revenue was admitted on 25th April, 2011 on the
following substantial question of law :