2017 (10) TMI 598

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....ominic, J. This appeal filed by the Revenue is against the order passed by the Tribunal in I.T.A. No 55/Coch/2000 concerning the assessment year 1995-1996 and the questions of law framed are the following: 1. Whether, on the facts and in the circumstances of the case, the Tribunal is correct in law in reversing the decision of the Commissioner of Income Tax (Appeals) on the issue regarding t....

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....s and payments and does not the order of the Tribunal result in such conclusion and hence the order wrong and vitiated? 5. Whether, on the facts and in the circumstances of the case, the Tribunal is right in holding that the interest paid on the purchase of securities till the date of purchase is revenue expenditure and not capital outlay? 6. Whether, the Tribunal was right in not relying on....