2007 (2) TMI 190

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....er 26, 2002, passed by the Income-tax Appellate Tribunal, Delhi Bench "F" Delhi, for the assessment years 1984-85, 1985-86, 1986-87 to 1991-92. The following questions have been framed in the memo of appeal for our determination by learned counsel for the Department: "Whether, on the facts and in the circumstances of the case, the Income-tax Appellate Tribunal was legally correct in holding tha....

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.... Income-tax (Appeals) for the assessment years 1986-87, 1987-88, 1988-89, 1989-90 and 1990-91. The Commissioner of Income-tax consolidated the five appeals. The Commissioner of Income-tax partly allowed the appeals and held that the accrued interest so brought to tax at Rs.30,48,004 in each year under consideration is not justified and the inclusion of this amount in the assessment years was delet....

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.... result of an amendment in section 45(5) of the Income-tax Act. The Income-tax Appellate Tribunal held that the grant of additional compensation and interest thereon has not become final and is sub judice in the High Court and the controversy in the case of Rama Bai v. CIT [1990] 181 ITR 400 was different and it accordingly confirmed the order of the Commissioner of Income-tax for all the 8 years.....