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2015 (2) TMI 1403 - ITAT MUMBAILiability towards interest expenditure claimed by the appellant - HELD THAT:- This issue was stated to be covered by the earlier decision of the Tribunal, as while deciding this ground Ld. CIT(A) has relied upon the decision in the case of Hitesh S. Mehta [2013 (10) TMI 1065 - ITAT MUMBAI] wherein tribunal has restored back the issue to the file of AO and in assessee’s own case in respect of assessment years 2002-03, 2008-09, 2000-01, 2001-02, similar issue has been restored back to the file of AO. Thus respectfully following the aforementioned decision of the Tribunal in assessee’s own case we restore this ground for all the years to the file of AO with similar directions and this ground for all the years is considered to be allowed for statistical purposes. MAT - calculation of book profit u/s 115JB - HELD THAT:- As decided in assessee’s own case for A.Y 2008-09 [2014 (10) TMI 1075 - ITAT MUMBAI] issue allowed for statistical purposes with a direction to decide it afresh as per the provisions of law after giving finding on the claim of interest thus this ground is allowed for statistical purposes. Charging of interest u/s 234A, 234B and 234C - HELD THAT:- Tribunal in the case of assessee for assessment year 2008-09 [2014 (10) TMI 1075 - ITAT MUMBAI] - Agreed, levy of interest is mandatory and sometimes consequential depending upon the facts of each case. thus direct the Assessing Officer to recomputed the interest liability after reducing the amount of tax deductable at source. We direct accordingly, thus, this ground is allowed for statistical purposes.
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