2018 (1) TMI 1622

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....or accident claims of earlier years, without properly appreciating the facts of the case and the material brought on record." 3. Learned representatives fairly agree that the aforesaid issue is covered, in favour of the assessee, by the order dated 28.04.2017 passed by the coordinate bench, in assessee's own case for the assessment year 2009-10, wherein the Tribunal has held as under:- "9. We find that merely because the MACT awards are booked by the assessee at a later point of time than the date of the award cannot be reason enough to decline the claim for deduction in respect of these awards. It is sometimes possible, rather its inherent mechanism of the system as it exists, that sometimes there is considerable delay in communicating t....

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....aken by the co-ordinate bench. Respectfully following the views so taken by the co-ordinate bench (supra) in assessee's own case for AY 2009-10 in ITA No.1192/Ahd/2014, we reject the grievance of the Assessing Officer. 5. Ground No.1 is thus dismissed. 6. In Ground No.2, the Assessing Officer has raised the following grievance:- "The Ld. CIT(A) has erred in law and on facts in treating the income from license fees of canteen amounting to Rs. 5,61,54,589/- as business income, without properly appreciating the facts o the case and the material brought on record.". 7. With regard to the aforesaid issue, the learned representatives fairly agree that the same is covered, in favour of the Revenue, by another order of the coordinate bench of th....