Court : Income Tax Appellate Tribunal ITAT Guwahati
Reported in : (2000)73ITD157(Gau.)
1. The Department has filed this appeal against the order of the CIT(A), Guwahati, dt. 30th March, 1993, for the asst. yr. 1991-92, by which the additions made by the AO, as mentioned hereinafter have been deleted. The Department has assailed the order of CIT(A) on four grounds and ground No. 4 is general which requires no adjudication.2. In ground Nos. 1 and 2 the Department has assailed the order of the CIT(A) on the ground that the CIT(A) erred in law and in facts in deleting the disallowance of Rs. 2,66,682 made on account of the green leaves under s. 43B of the IT Act, 1961, and in deleting the addition of Rs. 60,000 on account of interest and bank charges by admit fresh evidence in violation of r. 46A of the IT Rules, 1962.3. The AO made the addition of Rs. 2,66,682 being the amount payable on account of cess to the Government of Assam through M/s. Assam Tea Corporation of account of purchase of green leaves from Bholaguri T.E.The AO had stated that the assessee did not pay the ...
Tag this Judgment!Court : Income Tax Appellate Tribunal ITAT Guwahati
Reported in : (2003)87ITD99(Gau.)
1. All these appeals relate to the asst. yrs. 1978-79, 1981-82 to 1988-89 and 1989-90 to 1992-93. In respect of the asst. yrs. 1989-90 to 1992-93 the Department is in appeal. In respect of other assessment years the assessee is in appeal before this Tribunal. The common point involved in all the 13 appeals is whether the assessee is entitled for exemption under Section 10(22) of the IT Act, 1961. Hence, we heard all the appeals together and disposing of the same by this common order.2. Mr. Uttam Kumar Barthakur, the learned counsel for the assessee, submitted that originally the assessee was known as "Board for Production of Textbooks and Research", Assam. His Excellency, the Governor of Assam, dissolved this Board by a notification dt. 26th July, 1972, and the assets and liabilities were placed in the newly constituted "The Assam State Textbook Production and Publication corporation Ltd". The learned counsel for the assessee submitted that the main object of the assessee is to do res...
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