2001 (6) TMI 165 - ITAT AHMEDABAD-A

Extract:
.......ad to Kumar B. Parikh para 6 of this order) (ii) Interest-free advances 1,05,440 Set aside to family members (iii) Interest on debit 9,083 Set aside balances of partners----------------------------------------------------------------------13. The appeal of the Revenue is dismissed and the appeal of the assessee is allowed, for statistical purposes.