EMAMI LTD Vs. COMMISSIONER OF INCOME TAX

JUDGEMENT

(1.) This appeal under section 260A of the Income-tax Act, 1961 is at the instance of an assessee and is directed against an order dated 16-12-2005 passed by the Income-tax Appellate Tribunal, "D" Bench, Kolkata, in Income-tax Appeal being ITA No. 108/Kol./2005 for the assessment year 2001-02 and thereby allowing the appeal preferred by the revenue and setting aside the order passed by the CIT(A). Being dissatisfied, the assessee has come up with the present appeal.

(2.) The facts giving rise to filing of this appeal may be summed up thus:

(3.) A Division Bench of this Court at the time of admission of this appeal formulated the following substantial questions of law for determination: