TaxTMI 
TaxTMI 
2002 (2) TMI 39
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....ng question of law is referred by the Income-tax Appellate Tribunal for our opinion for the assessment years 1981-82 and 1982-83: "Whether, on the facts and in the circumstances of the case, the deletion of Rs. 4,726 and Rs. 3,544 being interest on deferred sale consideration was justified?" While framing the assessment order for the assessment year 1981-82, the Income-tax Officer has brought to....
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....rchase price even for the assessment year 1982-83. Being aggrieved by this order, the assessee had preferred two separate appeals for the assessment years 1981-82 and 1982-83 before the Commissioner of Income-tax (Appeals), Baroda, who confirmed the said addition in both the years while relying upon his orders for earlier years, i.e., the assessment years 1979-80 and 1980-81, in the assessee's o....
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....ssee. He, therefore, urged that Rs. 4,726 should be deleted from the total income of the assessee. In this connection, he also pointed out that the Commissioner (Appeals) relied on his appellate orders for the immediately preceding two years. The learned representative for the Department, on the other hand, relied on the orders of the income-tax authorities. 4. We have considered the rival submis....
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....pect of the assessment year 1981-82. Since in the instant case, following our order dated February 15, 1985, the Commissioner (Appeals) has deleted Rs. 3,544, we have no hesitation in upholding the same." It is rather strange and shocking to observe that while disposing of the appeals for the assessment years 1981-82 and 1982-83, the Tribunal has merely relied on the order passed in the case of ....