2016 (8) TMI 1289

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Kanani For the Respondent : J. D. Mistri, Senior Counsel a/w Atul Jasani ORDER 1. Both these Appeals under Section 260A of the Income Tax Act, 1961 (the Act) challenges the common impugned order dated 17th April, 2013 passed by the Income Tax Appellate Tribunal (the Tribunal). The common impugned order relate to Assessment Years 1996-97 and 1998-99. Therefore, the two appeals are for eac....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....nal allowed the respondent assessee's appeal by placing reliance upon the order of this Court in Commissioner of Income Tax Vs. Hindustan Petroleum Corporation Ltd. (Income Tax Appeal (L) No.2131 of 2012 and other connected appeals) rendered on 7th March, 2016 which upheld the order dated 31st July, 2012 of the Tribunal. By order dated 31st July, 2012, the Tribunal granted relief to the appell....