2005 (2) TMI 34

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..... Interest-tax Act for the purpose of interest-tax assessment?" - Appellate Tribunal has found that it is not the case of the Revenue that the hirer is the real purchaser of the asset and the assessee is only a financier to help the purchaser and such things are not coming out from the agreement. We, therefore, hold that the finding recorded by the Appellate Tribunal is a finding of fact and there i .....

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..... hether the agreement entered into between the parties was a hire purchase agreement or not. We find that the Appellate Tribunal has examined the question in great detail and recorded a finding of fact that the agreement between the parties was a hire purchase agreement. The Appellate Tribunal in paragraph 10 of its order has found that it is not the case of the Revenue that the hirer is the real p .....

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