TMI Blog2009 (4) TMI 222X X X X Extracts X X X X X X X X Extracts X X X X ..... rch 27 2000., appeal file by department is dismissed - It is not the case of the Revenue that the issue involved in these appeals before the Tribunal fall within any one of the exceptions provided in the circular - circular issued by the Central Board of Direct Taxes is much binding on the Revenue and that requires no support of judicial precedent.- so appeals are dismissed - 1032 to 1034 of 2008 - - - Dated:- 27-4-2009 - K. RAVIRAJA FANDIAN and M. M. SUNDRESH JJ. J. Naresh kumar for the appellant. V. S. Jayakumar for the respondent. JUDGMENT The judgment of the court was delivered by 1. K. RAVIRAJA PANDIAN J.- These appeals are at the instance of the Revenue filed against the order of the Income-tax Appellate Tribunal ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l, relying on the earlier decisions, allowed the appeals of the assessees. Hence, these appeals are at the instance of the Revenue. 3. These appeals were admitted on August 4, 2008, on the following substantial question of law : "Whether, on the facts and in the circumstances of the case, the Income-tax Appellate Tribunal was right in holding that the receipts from the sale of old silver oak trees which were shade trees in the assessee's coffee estate and which have outlived their normal life and which were posing a threat to the existing coffee plants, as agricultural income and not assessable under the head 'Capital gains'?" 4. Heard the learned counsel for the Revenue and perused the order of the Tribunal. 5. Learned counse ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ted in the circular are applicable to the facts of the present case. The circular was stated to be issued by invoking the statutory power under section 119 of the Income-tax Act. The appeal is filed under section 260A of the Income-tax Act. It is well-settled principle of law that each and every provision of a statute has to be given the same importance. One provision cannot be elevated to a higher pedestal than the other provision, of course, unless or otherwise specifically stated either in the scheme, the Act or in the provision itself that a particular provision is subjected to or qualified by any other provision or the provision can be given effect to notwithstanding anything contained in any other provisions by assigning overriding ef ..... X X X X Extracts X X X X X X X X Extracts X X X X
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