Distance of 2 kms from municipal limits of city for the purpose of section 2(14)(iii) has to be taken in terms of approach by road

RELEVANT PARAGRAPH The Revenue has filed the instant appeals under Section 260A of the Income Tax Act,1961 (for brevity ‘the Act’)in respect of assessment year 2001-02 challenging order dated 31.3.2009 passed by the Income Tax Appellate Tribunal, Chandigarh (for brevity ‘the Tribunal’)in ITA o.641- CHD-2004 along with Cross Objection 38 Chandi/2006. The Tribunal after dealing with various aspects of the matter has disposed of the appeal filed by the Revenue along with the cross objection of the assessee- respondent . In respect of the question concerning distance of the...