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2015 (3) TMI 1243 - AT - Income TaxDisallowance of interest expenses - Held that:- CIT(A) has followed the findings given in the case of Eminent Holdings Pvt. Ltd. [2014 (7) TMI 466 - ITAT MUMBAI] wherein followed the decision of the Tribunal given in common group case of Hitesh S. Mehta [2013 (10) TMI 1065 - ITAT MUMBAI] and restored the matter to the file of the Ld. CIT(A) for fresh adjudication. Respectfully following the findings of the Co ordinate Bench, we restore this issue to the files of the Ld. CIT(A) for fresh adjudication after giving reasonable opportunity of being heard to the assessee. Charging of interest u/s. 234A, 234B and 234C - Held that:- Restore the matter to the file of the AO to recompute the interest liability as per the provisions of the law. We direct accordingly.
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