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TMI Blog1986 (10) TMI 57X X X X Extracts X X X X X X X X Extracts X X X X ..... May, 1986 in I.T.A. No. 2000 (Alld)/1983: "1. Whether on the facts and in the circumstances of the case, the Tribunal was correct in law in holding that the income of the Club from letting out of the rooms was not assessable as income from house property; and is exempt on principles of mutuality? 2. Whether on the facts and in the circumstances of the case, the Tribunal was correct in law in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e claimed exemption in respect of gross receipts from suits on grounds of mutuality. The assessee also did not return the income of interest on fixed deposits and N.S.C. and dividend claiming exemption. The ITO, however, assessed the entire receipts from letting out of suits under the head "property income" and allowed deduction provided under the law for computation of income from property. He al ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... I.T.A. No. 1369 (Alld.) of 1985. The Tribunal, therefore, upheld the order of the CIT (A). 5. We have heard the parties. The Departmental Representative contended before us that the Tribunal had passed the order placing reliance on the earlier decision of the Tribunal dt. 14th March, 1986 in I.T.A. No. 136 (Alld.) of 1985 and the decision of the Hon'ble Allahabad High Court in the cases of CIT v ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... for assessee failed to place relevant papers before us to show whether the S.L.P. was granted or not. On the absence of relevant papers, it would be academic to refer the matter to the Hon'ble High Court because the matter is already concluded. 6. We have considered the submissions of the parties and have gone through the material placed on record. It is obvious from the aforesaid discussion th ..... X X X X Extracts X X X X X X X X Extracts X X X X
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