2010 (10) TMI 1022

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....T(DR) ORDER PER I.P. BANSAL, J.M. The present appeal has been filed by the assessee against the order of ld. CIT(A) dated 02.03.06 in respect of A.Y. 2002-03. 2. Earlier the appeal of the assessee was disposed off by the Tribunal vide its order dated 21.11.08. Vide miscellaneous application filed against that order it was claimed by the assessee that ground no. 5 raised in the appeal h....

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....terest of Rs. 72,98,52,500/- for which the tax exemption was not given by the AO and CIT(A) and vide para 6 & 7 Tribunal had decided the said issue in favour of assessee. He invited our attention towards para 6 & 7 of the aforementioned order dated 21.11.08 which read as under: - 6. "The next issue for consideration relates to rejecting the contention of the assessee that on interest on t....

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....and, therefore, he pleaded that the necessary relief may be granted to the assessee. 5. On the other hand, ld. DR relied upon the order of AO and CIT(A). 6. We have carefully considered the rival submission in the light of material placed before us. Para 6 & 7 of the order dated 21.11.08 has already been reproduced in the above part of this order. 7. Therefore, there is no doubt regarding....

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....c. 12 apply, if any such amount is credited to the profit and loss account; or (iia) to (viii)......." 8. However, it is seen that AO while disallowing the claim of the assessee has observed that there was some difference in the computation of interest. Apart from that he has assigned a reason in para 4.12 of the assessment order that the assessee did not submit revised form no. 29B which is....