ORDER

This single order will dispose of Income Tax Appeal No. 504 of 1998 titled "Commissioner of Income Tax and Wealth Tax Gujranwala Zone, Gujranwala v. Messrs Pakistan Electronics G.T. Road Gujranwala", Income Tax Appeal No.505 of 1998 titled "Commissioner of Income Tax and Wealth Tax, Gujranwala Zone, Gujranwala v. Messrs Pakistan Electronics G.T. Road Gujranwala", Income Tax Appeal No.506 of 1998 titled "Commissioner of Income Tax and Wealth Tax Gujranwala Zone, Gujranwala v. Messrs Pakistan Electronics G.T'. Road Gujranwala" and Income Tax Appeal No.507 of 1998 titled "Commissioner of Income Tax and Wealth Tax Gujranwala Zone, Gujranwala v. Messrs Pakistan Electronics G.T. Road Gujranwala" as common question of law is involved in all these appeals.2. These appeals pertain to the assessment years 1992-93, 1993-94, 1994-95 and 1995-96. Learned Income Tax Appellate Tribunal has dismissed the appeals of the Revenue Department on the ground that the supposed result bringing loss to the Reve...