2011 (7) TMI 664

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.... This appeal has been preferred by the revenue under Section 260A of the Income Tax Act, 1961 (in short "the Act") against the order dated 22.12.2009 passed by the Income Tax Appellate Tribunal, Chandigarh Bench "A" (hereinafter referred to as "the Tribunal") in ITA No. 1184/Chd/1993, relating to the assessment year 1995-96, claiming the following substantial questions of law:- "(i) Whether on th....

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.... the Act. The Assessing Officer vide order dated 24.2.1997 rejected the claim of the assessee on the ground that the sugar and molasses were by-products of a complex manufacturing process which involved usage of plant and machinery. Feeling aggrieved, the assessee filed an appeal before the Commissioner of Income Tax (Appeals) [in short "the CIT(A)"] who vide order dated 26.9.1997 deleted the addi....

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.... 2004) which vide order dated 12.10.2009 set aside the order of the Tribunal and remanded the matter to the Tribunal for fresh orders in view of the decision of the High Court in Budhewal Cooperative Sugar Mills Ltd. v. CIT [2009] 315 ITR 351 (Punj. & Har.)(FB). The Tribunal vide order dated 22.12.2009 dismissed the appeal filed by the revenue against the order of the CIT(A) dated 26.9.1997 by rel....