TMI Blog2014 (11) TMI 858X X X X Extracts X X X X X X X X Extracts X X X X ..... ders to the assessee, which are final - the AO decided the issue against the assessee following earlier years’ or in similar circumstances - the issue involved was never carried in appeal before the Court and therefore, the earlier years’ orders, on which the Appellate Tribunal placed reliance, had become final – Decided against revenue. - TAX APPEAL NO. 255 of 2000 - - - Dated:- 17-11-2014 - M ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... allowed vide order dated 12.01.1994. Being aggrieved by the same, appeals were preferred before the Income Tax Appellate Tribunal. The Appellate Tribunal, vide judgment and order dated 17.11.1999, dismissed both the appeals. Hence, this Tax Appeal at the instance of the Revenue. 3. We have heard learned counsel for both the sides and have perused the record of the case. 4. In para15 of the j ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nce on the following question of law; Whether, the Appellate Tribunal is right in law and on facts in holding that the amount of ₹ 4.50 Lacs contributed by the assessee to the Gujarat Cricket Association cannot be treated as of capital nature and directing the Assessing Officer to allow the same as revenue expenditure? 7. However, the Appellate Tribunal rejected the af ..... X X X X Extracts X X X X X X X X Extracts X X X X
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