2014 (4) TMI 121

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..... is no reason to interfere in the matter as no substantial question of law arises for consideration – Decided against Revenue. - I.T.A. Nos. 166 /2010 & 168 /2010 - - - Dated:- 6-3-2014 - Rajendra Menon And J. K. Jain,JJ. ORDER Shri Sanjay Lal for the appellant (in both cases). As common questions of law and fact are involved in both these appeals, they are being decided by th .....

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..... assessee and having permitted deletion of a sum of Rs. 42,07,567/- for the financial year 1999-2000 on this count; and, a sum of Rs. 20,43,975/- for the financial year 1998-99, both these appeals are filed by the revenue under section 260-A of the Income Tax Act. Shri S.M. Lal, learned counsel for the appellant, took me through the material available on record and tried to emphasize that the a .....

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..... ent has been rejected. We have gone through the findings recorded by the appellate authority and we find that after appreciating the evidence and material available on record, communications and the proceedings of the Board of Directors meeting held, and other documents pertaining to the transactions in question, particularly the records of M/s Vallabh Refractories and Ceramics Products Limited .....

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