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2015 (2) TMI 764 - PUNJAB AND HARYANA HIGH COURTInterest free money advanced to sister concerns - whether occasioned by commercial expediency or not? - Held that:- Perusing the impugned order as well as judgment in S.A.Builders Ltd. v. Commissioner of Income Tax(Appeals) and another(2006 (12) TMI 82 - SUPREME COURT) the question of commercial expediency viz-a-viz. money advanced to sister concerns is required to be considered. The Tribunal has not considered this aspect. Counsel for the parties agree that in this view of the matter, the appeal may be remitted to the Tribunal for adjudication afresh. - Decided in favour of assessee for statistical purposes.
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