2009 (2) TMI 96

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....- On 25.09.2000 the Court ordered listing of this Appeal for hearing this Tax Appeal with Tax Appeal No. 140 of 1999 between the same parties considering the fact that this Appeal arises out of Tribunal's order dated 16.08.1999 in Misc. Application No. 61/Ahd/1999 (filed by the assessee) and Misc. Application No. 94/Ahd/1999 (filed by the Revenue). 2. The order of Tribunal dated 26.10.1998 was ....

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....ings for subsequent assessment years, that on the basis of the aforesaid observation of the Tribunal, at least part of the surplus was required to be brought to tax on revenue account as being relatable to payment of interest. 4. The Tribunal has vide its impugned order dated 16.08.1999 rejected both the applications holding that the Tribunal has no powers of review and no error apparent on rec....