2006 (7) TMI 192

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....ed by an order dated June 30, 2005, passed by the Income-tax Appellate Tribunal, Delhi Bench "D", in I. T. A. No. 2056/Delhi/2003, relevant to the assessment year 1991-92. 2. It appears that the assessee is a builder and had sold some flats to several purchasers. On behalf of these purchasers, the assessee used to collect the house tax and pay it to the municipal corporation. 3. For the rele....

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....file of the Commissioner of Income-tax (Appeals) with the direction that the issue should be decided after ascertaining correct facts. 5. In the second round, the Commissioner of Income-tax (Appeals) found that no debit was made in the profit and loss account of the assessee in respect of house tax liability of the purchasers. It was noted that the total amount of Rs. 13,62,000 was actually a l....