Indian Medical Association, Ahmedabad V. The ITO, (Exemptions), Ward-1, Ahmedabad

ITA 611/AHD/2018

• Counselvise Citation: [2019] 115 COUNSELVISE.COM (IT) 5603 (ITAT-AHMEDABAD)
• Duration Of Justice: 1 year(s) 6 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 16-09-2019
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: A
• Assessment Year: 2014-2015
• Appeal Filed On: 09-03-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Keywords: Capital asset; Depreciation; Income from undisclosed sources; Charitable institution; Capital expenditure
• Section: 250; 32; 11

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD B BENCH (BEFORE SHRI MAHAVIR PRASAD, JUDICIAL MEMBER & SHRI AMARJIT SINGH, ACCOUNTANT MEMBER) ITA. NOS: 611 & 2186/AHD/2018 (ASSESSMENT YEAR: 2014-15) INDIAN MEDICAL ASSOCIATION GUJARAT STATE BRANCH, A.M.A. HOUSE, 2 ND FLOOR, NR. NATRAJ CINENA, ASHRAM ROAD, AHMEDABAD-380009 V/S THE INCOME TAX OFFICER (EXEMPTION), WARD-1, AHMEDABAD (APPELLANT) (RESPONDENT) ITA. NO: 2941/AHD/2017 (ASSESSMENT YEAR: 2014-15) THE INCOME TAX OFFICER (EXEMPTION), WARD-1, AHMEDABAD V/S INDIAN MEDICAL ASSOCIATION GUJARAT STATE BRANCH, A.M.A. HOUSE, 2 ND FLOOR, NR. NATRAJ CINENA, ASHRAM ROAD, AHMEDABAD-380009 (APPELLANT) (RESPONDENT) PAN: AAATI0762K APPELLANT BY : SHRI ASHWIN SHAH & BHADRESH GAN DHAKWALA, A.R. RESPONDENT BY : SHRI MUDIT NAGPAL, SR. D.R. ITA NOS. 611 & 21 86/AHD/2018 & OTHERS. . A.Y. 2014-1 5 2 ( )/ ORDER DATE OF HEARING : 07 -08-201 9 DATE OF PRONOUNCEMENT : 16 -09-2019 PER MAHAVIR PRASAD, JUDICIAL MEMBER 1. THESE TWO APPEALS HAVE BEEN FILED BY THE ASSESSEE A ND ONE CROSS APPEAL HAS BEEN FILED BY THE REVENUE AGAINST THE ORDER OF THE LD. CIT(A). SINCE ASSESSEES AND ASSESSMENT YEARS ARE COMMON, THEREFORE, FOR THE SAKE OF BREVITY, WE WOULD LIKE TO DISPOSE OF ALL THREE APPEALS BY WAY O F A COMMON ORDER. 2. FIRST OF ALL, WE WOULD LIKE TO DEAL WITH ITA NO. 61 1/AHD/2018. THERE IS A DELAY OF 65 DAYS FOR FILING OF APPEALS ON BEHALF OF THE ASSESSEE IN SUPPORT OF ITS CONTENTION, THE APPELLANT HAS FILED AN AFFIDAVIT OF ITS STAFF GIVING REASON FOR DELAY FOR FILING OF APPEALS. WE ARE SATISFIED WITH THE REASONS GIVEN BY THE APPELLANT AND WOULD LIKE TO CONDONE THE DELAY AND P ROCEED WITH THE APPEAL. 3. APPELLANT HAS TAKEN SOLELY GROUND THAT LD. CIT(A) H AS ERRED IN GIVING GUIDELINES TO THE A.O. FOR GIVING ALLOWANCE OF DEFICIT AND REQ UESTED THAT APPEAL TO BE DECIDED ON THE BASIS OF THE GROUND RAISED THAT THE DIRECTION AND GUIDELINES CANNOT BE GIVEN IN WHAT MANNER SUCH DEFICIT HAS TO BE ALLOWED. 4. 4. DURING THE COURSE OF SCRUTINY PROCEEDINGS IT WAS NOTED THAT ASSESSES HAS CLAIMED DEPRECIATION OF RS. 1.33.657/-. AS IN THE C ASE OF TRUST, CAPITAL EXPENDITURE IS ALLOWED AS APPLICATION OF THE INCOME OF THE TRUST IN RESPECTIVE YEAR NO FURTHER DEDUCTION CAN BE ALLOWED IN THE FOR M OF DEPRECIATION AS ITA NOS. 611 & 21 86/AHD/2018 & OTHERS. . A.Y. 2014-1 5 3 APPLICATION OF INCOME. MOREOVER, THE INCOME OF THE TRUST HAS TO BE ARRIVED AT IN THE NORMAL COMMERCIAL MANNER WITHOUT REFERENCE TO T HE PROVISIONS OF SECTION 14 . WHENEVER AOY CAPITAL ASSETS IS ACQUIRED BY THE TRUST, EXPENDITURE TOWARDS THE SAME IS MET OUT OF INCOME OF RESPECTIVE YEAR AN D IT IS ALLOWED AS APPLICATION OF INCOME FOR THAT YEAR, IN VIEW OF THE ABOVE, ASSE SSES WAS REQUIRED TO SHOW CAUSE AS TO WHY CLAIM OF DEPRECIATION SHOULD NOT BE DISALLOWED AND ADDED BACK TO THE TOTAL INCOME OF THE TRUST. 4.1. THE ASSESSEE SUBMITTED ITS REPLY IN THE MATTER VIDE LETTER DATED 30.11.2016, WHEREIN IT WAS STATED THAT INCOME OF A CHARITABLE TRUST IS TO BE COMPUTED IN A NORMAL MANN ER AND THEREFORE, DEPRECIATION DEBITED TO INCOME & EXPENDITURE ACCOUN T IS DEDUCTIBLE. ASSESSEE HAS PLACED RELIANCE ON THE DEC ISION OF GUJARAT HIGH COURT IN THE CASE OF CIT V.S SHETH MANILAL RAN CHODDAS VISHRAM BHUVAN TRUST 198 ITR 598. 4.2 ASSESSEE REPLY IN THIS REGARD HAS BEEN CONSIDER ED CAREFULLY BUT NOT FOUND ACCEPTABLE. THE INCOME OF THE TRUST HAS TO BE ARRIV ED AT IN THE NORMAL COMMERCIAL MANNER WITHOUT REFERENCE TO THE PROVISIO NS OF SECTION 14 . RELIANCE IN THIS REGARD IS ALSO PLACED ON THE DECISION OF TH E HON'BLE SUPREME COURT IN THE CASE OF ESCORTS LTD VS UNION OF INDIA (1993) 19 9 ITR 43 WHEREIN IT WAS HELD BY THE APEX COURT THAT WHEN DEDUCTION U/S 32 ( IV) WAS ALLOWED IN RESPECT OF CAPITAL EXPENDITURE AS SCIENTIFIC RESEARCH, NO D EPRECIATION WAS TO BE ALLOWED U/S 32 OF THE I. T ACT IN THE SAME ASSET. 4.3 IN THE CASE OF LISSIE MEDICAL INSTITUTIONS V/S. COMMISSIONER OF INCOME- TAX, KOCHI, 348 ITR 344, THE HON'BLE HIGH COURT OF KERALA HAS HELD THAT WHEN THE EXPENDITURE INCURRED FOR ACQUISITION OF DEPRECI ABLE ASSETS ITSELF IS TREATED AS APPLICATION OF INCOME OR CHARITABLE PURPOSE U/S. LL (L)(A), SHOULD NOT THE COST OF SUCH ASSETS TO BE TREATED AS NIL FOR THE ASSESSEE A ND IN THAT SITUATION DEPRECIATION TO BE GRANTED TERMS OUT TO BE NIL. HOW EVER, IF DEPRECIATION ITA NOS. 611 & 21 86/AHD/2018 & OTHERS. . A.Y. 2014-1 5 4 PROVIDED IS CLAIMED ON NOTIONAL COST AFTER THE ASSE SSEE CLAIMS 100% OF THE COST INCURRED FOR IT AS APPLICATION OF INCOME FOR CHARIT ABLE PURPOSE, THE DEPRECIATION SO CLAIMED HAS TO BE WRITTEN BACK AS INCOME AVAILAB LE. IN FACT, GOING BY THE SEVERAL DECISIONS OF VARIOUS HIGH COURTS, THE CHARI TABLE INSTITUTIONS WILL BE GENERATING UNACCOUNTED INCOME EQUAL TO THE DEPRECIA TION AMOUNT CLAIMED ON YEAR TO YEAR BASIS WHICH IS NOTHING BUT BLACK MONEY . THE HON'BLE HIGH COURT OF KERALA IN THE SAID ORDER, HAS REFERRED TO DECISI ON OF VARIOUS HIGH COURTS INCLUDING THE DECISION OF HON'BLE GUJARAT HIGH COUR T-IN THE CASE OF CIT V/S. SHETH MANILALA RANCHODDAS VISHRAM-BHAVAN TRUST 198 ITR 598 (GUJ.J AND HELD THAT 'WE DO NOT FIND IN ANY OF THESE DECISIONS THIS ASPECT IS CONSIDERED AND DISCUSSED BY ANY OF THE HIGH COURT.' 4.4 THERE IS A LONG DEBATE AND LEGAL BATTLE AT DIFFERENT JUDICIAL PLATFORM AND THE ISSUE HAS NOT ATTENDED FINALITY TILL RECENT TIME. RELIANCE IN THIS REGARD IS STRONGLY PL ACED ON A RECENT DECISION OF SUPREME COURT OF INDIA IN SLP NO. 17251 OF 2015 IN THE CASE OF DIRECTOR OF INCOME-TAX (EXEMPTIONS), MUMBAI VS. SHRI VILE PARLE KELAVNI MANDAL (2015) 63 TAXMANN.COM 326 (SC) WHEREIN, HON'BLE SUPREME COURT GRANTED SPECIAL LEAVE PETITION FILED AGAINST JUDGMENT OF HIGH COURT OF BO MBAY IN THE ABOVE CASE WHEREIN IT WAS HELD BY HIGH COURT OF BOMBAY THAT DE PRECIATION CLAIMED ON THE ASSETS ACQUIRED FROM INCOME OF TRUST DID NOT AMOUNT TO DOUBLE DEDUCTION. IN VIEW OF THE ABOVE FACT AND JUDICIAL PRONOUNCEMENT, THE CLAIM OF DEPRECIATION OF RS.1,33,657/- IS DISALLOWED AND ADDED BACK TO THE T OTAL INCOME OF THE ASSESSES. 5. AGAINST THE ORDER OF THE LD. A.O., ASSESSEE PREFERR ED FIRST STATUTORY APPEAL BEFORE THE LD. CIT(A) WHO DIRECTED THE A.O. TO VERI FY AND ALLOW QUANTUM OF DEFICIT TO BE SET OFF AGAINST INCOME OF ASSESSMENT YEAR 2014-15 IN FOLLOWING MANNER: 'IF THE APPELLANT HAS APPLIED MORE THAN THE INCOME D URING THE YEAR THEN A.O. IS DIRECTED TO ALLOW CARRY FORWARD OF DEFICIT OF THAT YEAR TO BE SET OFF AGAINST FUTURE ITA NOS. 611 & 21 86/AHD/2018 & OTHERS. . A.Y. 2014-1 5 5 INCOME OF THE APPELLANT (RELIANCE PLACED ON THE JUD GMENT OF HON'BLE GUJARAT HIGH COURT IN THE CASE OF CIT VS SRI PLOT SWETAMBER MURTIPIJAK JAIN MANDAI 211 ITR 293). IN THAT YEAR, THE AO SHALL NOT ALLOW ANY ACCUMULATION U/S.11(1)(A) OF THE ACT @ 15%. (FOR EXAMPLE: IF APPELLANT EARNS RS. 100 AND APPLIES RS. 110 THEN RS. 10 WOULD BE ALLOWED TO BE CARRIED FORWARD AS DEFICI T AND THERE WILL BE NO ACCUMULATION U/S.11(1)(A).) IN AN IMMEDIATE SUBSEQU ENT YEAR, AO WILL ALLOW, FIRSTLY, THE SET OFF OF THE DEFICIT CARRIED FORWARD FROM EARLIER YEAR. THEN, AO SHALL REDUCE THE AMOUNT APPLIED DURING THE YEAR. IF, AFTE R THE ADJUSTMENTS OF CARRIED FORWARD DEFICIT AND APPLICATION OF INCOME, THE APPE LLANT HAS ANY SURPLUS OF INCOME OVER THE EXPENDITURE THEN THE APPELLANT WOUL D BE NO.CIT(A)- 9/10843/ITO(E)/WD.1/AHD/16-17 A.Y. 2014-15 ELIGIBLE TO ACCUMULATE TO THE EXTENT OF 15% U/S.11(1)(A) FROM THE INCOME. (FOR EX AMPLE: IF APPELLANT EARNS RS. 100 IN IMMEDIATE SUCCEEDING YEAR AND APPLIES RS. 80 THEN RS. 90, I.E. RS. 10 AS EARLIER YEAR DEFICIT AND RS. 80 BEING CURRENT YEARS APPLICATION, WOULD BE ALLOWED AGAINST INCOME OF RS. 100. THE REMAINING RS. 10 WIL L BE ALLOWED TO BE ACCUMULATED U/S 11(1)(A).) AND, IF THERE HAPPENS TO BE STILL ANY EXCESS INCOME LEFT OVER, THEN REMAINING AMOUNT SHALL BE ALLOWED BY THE A.O. TO BE ACCUMULATED U/S. 11 (2) OF THE ACT AND ACCORDING TO THE STIPULATIONS MENTIONED THEREIN I.E. FILING OF FORM 10 AND PURPOSE FOR WHICH ACCUMULATION U/S. 11 (2) HAS BEEN MADE ETC. IN SHORT, THE AO WILL NOT ALLOW ACCUMULATION OF INCOME EITHER U/S 11(1)(A) @15% OR U/S 11(2) OF THE ACT ALONG WITH CARRY FORWARD OF DE FICIT. APPLICATION OF INCOME SHALL PRECEDE ACCUMULATION.' BASED ON THE ABOVE REFERRED GUIDELINE A.O. IS HEREB Y DIRECTED TO ALLOW THE SET OFF OF DEFICIT OF EARLIER YEAR TO BE ADJUSTED AGAINST I NCOME OF CURRENT YEAR. 6. AGAINST THE ORDER OF THE LD. CIT(A), ASSESSEE PREFE RRED APPEAL BEFORE US STATING THAT LD. CIT(A) CANNOT DIRECT THE A.O. THAT HOW DEF ICIT IS TO BE ALLOWED. AND IN SUPPORT OF ITS CONTENTION, LD. A.R. CITED A JUDGMEN T OF HONBLE SUPREME COURT IN THE MATTER OF CIT VS. PROGRAMME FOR COMMINITY OR GANISATION WHEREIN IN SIMILAR CIRCUMSTANCES, APPEAL OF THE REVENUE WAS DI SMISSED AND THE RELIEF WAS GRANTED TO THE ASSESSEE: THE QUESTION THAT REALLY REQUIRES CONSIDERATION IS WHETHER, FOR THE PURPOSES OF SECTION 11(L)(A) OF THE INCOME-TAX ACT, 1961, THE A MOUNT FOR THE GRANT OF EXEMPTION OF TWENTY-FIVE PER CENT, SHOULD BE THE IN COME OF THE TRUST OR IT SHOULD ITA NOS. 611 & 21 86/AHD/2018 & OTHERS. . A.Y. 2014-1 5 6 BE ITS TOTAL INCOME AS DETERMINED FOR THE PURPOSES OF ASSESSMENT TO INCOME-TAX. THIS QUESTION HAS TO BE ANSWERED IN THE LIGHT OF TH ESE FACTS : THE ASSESSEE-TRUST RECEIVED DONATIONS IN THE AGGREGATE SUM OF RS. 2,57 ,376. IT APPLIED THEREOUT FOR ITS CHARITABLE PURPOSES THE AGGREGATE SUM OF RS. 1, 70,369 LEAVING A BALANCE OF RS. 87,010. THE QUESTION IS WHETHER THE ASSESSEE IS ENTITLED TO ACCUMULATE TWENTY-FIVE PER CENT, OF RS. 2,57,376 AS IT CONTEND S, OR TWENTY-FIVE PER CENT, OF RS, 87,010, AS THE REVENUE APPEARED TO CONTEND. SECTION 11(L)(A) READS THUS : '11. (L)(A) INCOME DERIVED FROM PROPERTY HELD UNDER TRUST WHOLLY FOR CHARITABLE OR RELIGIOUS PURPOSES, TO THE EXTENT TO WHICH SUCH INCOME IS APPLIED TO SUCH PURPOSES IN INDIA ; AND, WHERE ANY SUCH INCOME IS ACCUMULATED OR SET APART FOR APPLICATION TO SUCH PURPOSES IN INDIA, TO THE E XTENT TO WHICH THE INCOME SO ACCUMULATED OR SET APART IS NOT IN EXCESS OF TWENTY -FIVE PER CENT, OF THE INCOME FROM SUCH PROPERTY.' HAVING REGARD TO THE PLAIN LANGUAGE OF THE ABOVE PR OVISION, IT IS CLEAR THAT A CHARITABLE OR RELIGIOUS TRUST IS ENTITLED TO ACCU MULATE TWENTY-FIVE PER CENT, OF ITS INCOME DERIVED FROM PROPERTY HELD UNDER TRUST. FOR THE PRESENT PURPOSES, THE DONATIONS THE ASSESSEE RECEIVED, IN THE SUM OF RS. 2,57,376, WOULD CONSTITUTE ITS PROPERTY AND IT IS ENTITLED TO ACCUMULATE TWENTY-FI VE PER CENT, THEREOUT. IT IS UNCLEAR ON WHAT BASIS THE REVENUE CONTENDED THAT IT WAS ENTITLED TO ACCUMULATE ONLY TWENTY-FIVE PER CENT, OF RS. 87,010. FOR THE AFORESAID REASONS, THE CIVIL APPEAL IS DISM ISSED. NO ORDER AS TO COSTS. 7. THUS, RESPECTFULLY FOLLOWING THE JUDGMENT OF HONBL E SUPREME COURT IN THE AFORESAID MATTER, WE ALLOW THE APPEAL OF THE ASSESS EE. 8. IN THE RESULT, APPEAL FILED BY THE ASSESSEE IS ALLO WED AND DIRECT THE A.O. TO ALLOW THE DEFICIT @ 15%. 9. NOW WE COME TO ITA NO. 2186/AHD/2018 WHEREIN ASSESS EE HAS TAKEN FOLLOWING GROUNDS OF APPEAL: ITA NOS. 611 & 21 86/AHD/2018 & OTHERS. . A.Y. 2014-1 5 7 THE LEARNED CIT(A) HAS ERRED IN CONFIRMING THE CAL CULATION OF DEFICIT AS PER THE EXCEL SHEET PASSED BY AO UNDER SECTION 250 IN AS MU CH AS THE APPEAL WAS PREFERRED ONLY FOR A.Y. 2014-2015 WHEREAS THE EFFEC T IS GIVEN FROM A.Y. 2007- 2008 WITHOUT RECTIFYING OR REASSESSING OF A.Y. 2007 -2008 ONWARDS. 10. SINCE WE HAVE GIVEN RELIEF TO THE ASSESSEE IN CONNE CTED ITA NO. 611/AHD/2018. THUS, WE ALLOW THE APPEAL OF THE ASSE SSEE BY HOLDING THAT ASSESSEE IS ENTITLED FOR CARRY FORWARD DEFICIT @ 15 % AS HELD BY THE HONBLE SUPREME COURT IN THE MATTER OF CIT VS. PROGRAMME F OR COMMINITY ORGANISATION WHEREIN IT IS HELD: THE QUESTION THAT REALLY REQUIRES CONSIDERATION IS WHETHER, FOR THE PURPOSES OF SECTION 11(L)(A) OF THE INCOME-TAX ACT, 1961, THE A MOUNT FOR THE GRANT OF EXEMPTION OF TWENTY-FIVE PER CENT, SHOULD BE THE IN COME OF THE TRUST OR IT SHOULD BE ITS TOTAL INCOME AS DETERMINED FOR THE PURPOSES OF ASSESSMENT TO INCOME-TAX. THIS QUESTION HAS TO BE ANSWERED IN THE LIGHT OF TH ESE FACTS : THE ASSESSEE-TRUST RECEIVED DONATIONS IN THE AGGREGATE SUM OF RS. 2,57 ,376. IT APPLIED THEREOUT FOR ITS CHARITABLE PURPOSES THE AGGREGATE SUM OF RS. 1, 70,369 LEAVING A BALANCE OF RS. 87,010. THE QUESTION IS WHETHER THE ASSESSEE IS ENTITLED TO ACCUMULATE TWENTY-FIVE PER CENT, OF RS. 2,57,376 AS IT CONTEND S, OR TWENTY-FIVE PER CENT, OF RS, 87,010, AS THE REVENUE APPEARED TO CONTEND. SECTION 11(L)(A) READS THUS : '11. (L)(A) INCOME DERIVED FROM PROPERTY HELD UNDER TRUST WHOLLY FOR CHARITABLE OR RELIGIOUS PURPOSES, TO THE EXTENT TO WHICH SUCH INCOME IS APPLIED TO SUCH PURPOSES IN INDIA ; AND, WHERE ANY SUCH INCOME IS ACCUMULATED OR SET APART FOR APPLICATION TO SUCH PURPOSES IN INDIA, TO THE E XTENT TO WHICH THE INCOME SO ACCUMULATED OR SET APART IS NOT IN EXCESS OF TWENTY -FIVE PER CENT, OF THE INCOME FROM SUCH PROPERTY.' HAVING REGARD TO THE PLAIN LANGUAGE OF THE ABOVE PR OVISION, IT IS CLEAR THAT A CHARITABLE OR RELIGIOUS TRUST IS ENTITLED TO ACCU MULATE TWENTY-FIVE PER CENT, OF ITS INCOME DERIVED FROM PROPERTY HELD UNDER TRUST. FOR THE PRESENT PURPOSES, THE DONATIONS THE ASSESSEE RECEIVED, IN THE SUM OF RS. 2,57,376, WOULD CONSTITUTE ITS PROPERTY AND IT IS ENTITLED TO ACCUMULATE TWENTY-FI VE PER CENT, THEREOUT. IT IS ITA NOS. 611 & 21 86/AHD/2018 & OTHERS. . A.Y. 2014-1 5 8 UNCLEAR ON WHAT BASIS THE REVENUE CONTENDED THAT IT WAS ENTITLED TO ACCUMULATE ONLY TWENTY-FIVE PER CENT, OF RS. 87,010. FOR THE AFORESAID REASONS, THE CIVIL APPEAL IS DISM ISSED. NO ORDER AS TO COSTS. 11. NOW WE COME TO ITA NO. 2941/AHD/2017 WHEREIN REVENU E HAS TAKEN FOLLOWING GROUNDS OF APPEAL: 1. THE LD. CIT(A) HAS ERRED IN THE LAW ALLOWING T HE DEPRECIATION OF RS.1,33,657/- TO THE ASSESSEE WHICH AMOUNTS TO DOUBLE DEDUCTION A S 100% DEDUCTION WAS ALLOWED TO THE ASSESSEE AS APPLICATION OF INCOME. 2. THE LD. CIT(A) HAS ALLOWED THE CLAIM OF DEPREC IATION WITHOUT APPRECIATING THE FACTS THAT THERE ARE RECENT JUDICIAL PRONOUNCEMENT ON THIS ISSUE IN FAVOUR OF REVENUE IN THE CASE OF SOUTHERN INDIA MILLS ASSOCIA TION V ITO, COMPANY WARD-1, COIMBATORE [2017J 77 TAXMANN.COM 36 (CHENNAI-TRIB.) 3. THE LD. CIT(A) HAS ERRED IN THE LAW AND ON FAC TS IN ALLOWING THE BENEFIT OF THE DEFICIT OF RS.75,04,066/- FOR EARLIER YEARS AGAINST THE .INCOME OF SUBSEQUENT YEAR IN ABSENCE OF ANY EXPRESS PROVISION IN THE ACT REGA RDING THE SAME AND ALSO BY OVERLOOKING THE DECISIONS IN FAVOUR OF REVENUE IN T HIS REGARD. 4. THE REVENUE CRAVES OVER: LEAVE TO ADD, ALTER, AMEND, MODIFY, SUBSTITUTE, DELETE AND/OR RESCIND ALL OR ANY GROUNDS OF APPEAL ON OR BEFORE THE FINAL HEARING, IN NECESSITY SO ARISES. 12. SINCE WE HAVE GIVEN RELIEF IN THE CONNECTED APPEALS OF THE ASSESSEE AND ALLOWED HIS APPEAL IS IN TOTO. THEREFORE, APPEAL OF THE REV ENUE IS DISMISSED. 13. IN THE RESULT, APPEAL FILED BY THE ASSESSEES ARE AL LOWED AND APPEAL FILED BY THE REVENUE IS DISMISSED. ORDER PRONOUNCED IN OPEN COURT ON 16- 09- 2019 SD/- SD/- (AMARJIT SINGH) (MAHAVIR PRASAD) ACCOUNTANT MEMBER TRUE COPY JUDICIAL MEMBER AHMEDABAD: DATED 16/09/2019