that notice which is quashed by the Income Tax Appellate Tribunal (ITAT)
and the order of the ITAT has been upheld by the High Court ... order, which was against the assessee, it preferred further appeal to
the ITAT. In the appeal before the ITAT, the assessee raised additional
ground questioning
which were dismissed. However, further appeals
before the Income Tax Appellate Tribunal (ITAT) were allowed and
the ITAT held that the expenditure ... treated as the revenue
expenditure. Against the order of the ITAT, the Department went
in appeal before the High Court of Allahabad which has allowed
Income Tax
Appellate Tribunal (hereinafter referred to as the ‘ITAT’) in the case of
Sedco Forex International Inc. dismissed the appeal of the assessee ... mobilisation charges
were concerned. In the case of Transocean Offshore Inc., the ITAT
upheld the view taken by the assessee and directed
gift of
property from Shri Ashok Jain and Smt.Veena Jain.
The ITAT dismissed the aforesaid two appeals vide its order
dated 30.11.2007 and thereby ... confirmed the aforesaid order dated
15.11.2006 passed by ITAT recording the finding that all the three
gifts are not only genuine, but also the identity
assessee without any justifiable reasons?
2. Whether finding recorded by the ITAT
that there was no evidence regarding payment ... collection work is perverse?
ITA No. 296/2006
"1. Whether the ITAT was correct in law in
deleting the penalty
article or thing, the assessee succeeded before
the CIT(A) and ITAT and the ITAT's order dated 10.08.1998 on
this issue ... affirmative approval at the
level of CIT (A), but the ITAT while hearing the appeals of the
revenue pertaining to assessment years
order dated 31.07.2007 passed by
the Income Tax Appellate Tribunal ("ITAT" in short), pertaining to the
assessment year 1993-94, whereby and whereunder ... ITAT quashed
the order of the CIT(A) dated 23.03.2001 on the ground that initiation of
action under Section 147 of the Income
challenged the same in appeal before the ITAT in which the Revenue
succeeded. The ITAT reversed the orders of the CIT(A) and restored that ... Assessing Officer. The ITAT observed that they found ample force
in the contention of the Revenue to the effect that the machinery had
outlived
against
the impugned order dated 2nd July, 2010 passed by the ITAT. The
following substantial questions of law are being raised for our
consideration ... 2011 Page 1 of 16
" (a) Whether ITAT was correct in law and
on facts in deleting the
additions/disallowance made
SIKRI, J.
1. By the impugned order, learned Income Tax Appellate Tribunal
(ITAT) has affirmed the order of the Commissioner of Income
Tax(Appeals ... addition was
deleted.
ITA 783/2007 Page 4 of 13
5. The ITAT found that these are the findings of facts recorded
