(1.) We have heard Shri Sambhu Chopra, learned counsel for the income tax department. Shri Ashish Bansal appears for the respondent-assessee.
(2.) This income tax appeal under Section 260A of the Income Tax Act, 1961 arises out of the order dated 6.2.2009 passed by the Income Tax Appellate Tribunal in ITA No.342/LUC/2008 for the assessment year 2002-03.
(3.) The department has preferred the appeal on following questions of law:-