2012 (3) TMI 265

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..... eld that:- Division Bench judgment of this Court in 2001 answered the question in favor of assessee in respect of the A.Y. 1989- 90 and since Revenue could not successfully point out any distinguishing feature between the decided case and the one in hand. Thus decided in favor of the assessee. - ITR No. 22 of 2002 - - - Dated:- 7-3-2012 - MR. JUSTICE M.M. KUMAR, MR. JUSTICE ALOK SINGH, JJ. .....

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..... t Brothers Associates to whom the assessee had earlier gifted equity shares and that this said gift was held to be wholly void? 2. Mr. Alok Mittal, learned counsel for the assessee has placed reliance on a Division Bench judgment of this Court rendered in the case of Commissioner of Income Tax (Central), Ludhiana v. Brij Mohan Lal Munjal (ITA No. 113 of 2001 decided on 17.05.2002). The afor .....

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