2007 (1) TMI 120

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....passed by the Income-tax Appellate Tribunal, Delhi Bench, "WT" in W. T. A. Nos. 73 to 75/Delhi of 2004 relevant for the assessment years 1996-97 to 1998-99. In fact, the Revenue has filed three appeals. All of them are listed today and are numbered as W. T. A. No. 31 of 2005, W. T. A. No. 32 of 2005 and W. T. A. No. 33 of 2005. Today we are only considering W. T. A. No. 31 of 2005 because it ha....

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....ny residential house [including a farm house situated within twenty-five kilometres from the local limits of any municipality (whether known as a municipality, municipal corporation, notified area committee, town area committee, town committee or by any other name) or a cantonment board], but does not include (1) a house meant exclusively for residential purposes and which is allotted by a comp....

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....not entitled to exemption. We have gone to the assessment order and there is no such conclusion that has been arrived at by the Assessing Officer. The learned Tribunal has noted in the impugned order that on a reading of the relevant section of the Act, the claim of the assessee ought to have been allowed outright. Considering the view taken by the learned Tribunal, and the language of the sect....