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TMI Blog2013 (5) TMI 456X X X X Extracts X X X X X X X X Extracts X X X X ..... AM:- These appeals by the Revenue are directed against the two separate orders of the Ld. CIT(A), Mumbai dt.28.7.2011 & 11.12.2007 pertaining to A.Yrs. 1998-99 and 1999-2000. As common issue is involved in both these appeals, these appeals were heard together and dispose of this common order for the sake of convenience & brevity. ITA No. 6869/M/2011-A.Y. 1998- 2. The sole grievance of the Reve ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... worked out by the AO at Rs. 1,13,00,000/-. When this matter was agitated before the Ld. CIT(A), the CIT(A) allowed the appeal of the assessee and deleted the entire addition of Rs. 11,30,000/-. The Ld. CIT(A) based his finding on the decision of the Tribunal in the case of sister concern M/s. Boon Industries. The Ld. CIT(A) has exhibited the entire findings of the Tribunal at pages 9,10 and 11 and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... T(A). 6. In the result, the appeal filed by the Revenue is dismissed. ITA No. 6871/Mum/2011 - A.Y. 1999-2000 7. The issue involved is identical with the issue in ITA No. 6869/M/11 for A.Y. 1998-99 though quantum may differ, therefore, on similar lines, similar reasons, the appeal filed by the Revenue in ITA No. 6871/M/11 for assessment year 1999-2000 is also dismissed. 8. In the result, the ap ..... X X X X Extracts X X X X X X X X Extracts X X X X
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