2024 (8) TMI 434

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.... Iyer,. P.C. 1. This appeal by the revenue assails an order dated 21 June 2017 passed by the Income Tax Appellate Tribunal Bench at Mumbai whereby the appeal as filed by the revenue was rejected. The Assessment Year in question is 1998-99. The Revenue has raised the following questions of law for consideration of this Court. "a) Whether on the facts and circumstances of the case and....

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....860) or other institution for any purposes and to the extent provided by or under clause (iv) or clause (v) of sub-section (1) of section 36, or under any other law for the time being in force." 2. Learned Counsel for the parties have drawn our attention that against the very order as impugned, the revenue had approached this Court in Income Tax Appeal No.1696 of 2018 for the Assessment Year 20....

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....n the assessee's own case pertaining to the Assessment Year 1997-98, decided in favour of the assessee. The orders passed by the Tribunal were assailed by the Revenue before this Court in Income Tax Appeal No. 1197 of 2018, which came to be dismissed by a Coordinate Bench of this Court by an order dated 7 March, 2024. In such appeal, the relevant question similar to the question No.1, as raised by....

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.... to the assessment year 1997-98 in Income Tax Appeal No. 1197 of 2018. Such Appeal was dismissed by a Division Bench of this Court by an order dated 7 March, 2024. Similar question of law as raised in such appeal was question of law (e) as considered by the Court, which is extracted hereunder : (e) Whether on the facts and circumstances of the case and in law, the ITAT is justified in all....