TaxTMI 
TaxTMI 
2017 (3) TMI 893
X X X X Extracts X X X X
X X X X Extracts X X X X
....1961 (the Act) challenges the common order dated 10th April, 2014 passed by the Income Tax Appellate Tribunal (the Tribunal). The common impugned order dated 10th April, 2014 so far as the respondent is concerned relates to Assessment Years 2006-07 and 2007-08. Thus the two appeals by the Revenue. 2. The Revenue has urged the following question of law for our consideration in both the appeals- ....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... of the Act would apply to the facts of the present case. The Assessing Officer had in his Assessment Order for the subject Assessment Years had invoked Section 69 of the Act and had brought Rs. 2.37 crores and Rs. 91.36 lakhs for the two subject years respectively to tax. 5. However, in the appeals for both the Assessment Years the Commissioner of Income Tax (Appeals) (CIT(A)) by common order da....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ibunal in M/s. Rupee Finance and Management Pvt. Ltd. v/s. ACIT 119 TTJ 643. Mr. Mohanty the learned counsel for Revenue very fairly points out that the Revenue had filed an appeal against the order of the Tribunal in M/s. Rupee Finance and Management Pvt. Ltd. (supra) to this Court being Income Tax Appeal No.1208 of 2008. (CIT v/s. M/s. Rupee Finance and Management Pvt. Ltd.). This Court by an or....