2000 (4) TMI 23

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....rcle-6(1), Ahmedabad, the appellant herein, has submitted in this appeal that the following three questions of law arise from the order dated February 1, 1998, passed by the Income-tax Appellate Tribunal in ITA No. 4914/Ahd. of 1996 : "1. Whether the Appellate Tribunal is right in law and on facts in deleting the addition of Rs. 6,24,000 in respect of the sale of five flats ? 2. Whether the Appe....

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....ent-assessee, and have also perused the relevant orders passed by the concerned authorities. Looking to the nature of the questions raised before this court, we are of the view that no substantial question of law arises out of the order passed by the Tribunal. So far as the first question is concerned, it appears that sale proceeds of five flats, which is the subject-matter of the said question,....

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....ond question is concerned, it pertains to reconsidering the expenditure allowed by the Assessing Officer to the tune of Rs. 10 lakhs. No final decision has been taken by the Tribunal, but the Tribunal has only remanded the matter to the Assessing Officer for the purpose of reconsidering and to know whether the said amount of Rs. 10 lakhs should be allowed as expenditure. In our opinion, no final d....