TMI Blog2017 (5) TMI 1684X X X X Extracts X X X X X X X X Extracts X X X X ..... dmissibility towards interest/ remuneration as held in the case of Smt. Mala Tandon [ 2011 (6) TMI 855 - ITAT AMRITSAR] ? - HELD THAT:- On interpretation of the partnership agreement and considering the wish of the partners reflected in the partnership deed, not to pay /charge interest on the partners capital and the remuneration, the learned tribunal has rightly deleted the disallowance made by ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... x Appellate Tribunal, Ahmedabad B Bench (hereinafter referred to as the learned tribunal ) dated 03/05/206 in ITA No.198/Ahd/2016 for the Assessment Year 2010-11 by which the learned tribunal has partly allowed the said Appeal preferred by the assessee and has deleted the disallowance made by the Assessing Officer disallowing the deduction made under Section 80IB of the Income Tax Act, revenue ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n the case of Smt. Mala Tandon? [2.0] We have heard Shri Sudhir Mehta, learned advocate appearing on behalf of the appellant revenue. [3.0] The respondent assessee, a partnership firm consisting of four partners, filed the return of income for the Assessment Year 2010-11. The respondent assessee firm declared a total income of ₹ 25,06,56,700/- after claiming deduct ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... h respect to the deduction claimed under Section 80IB of the Income Tax Act. On further Appeal by the assessee, the learned tribunal by the impugned judgment and order partly allowed the said Appeal and deleted the disallowance made by the Assessing Officer out of the deduction claimed under Section 80IB of the Income Tax Act to the tune of ₹ 6,44,00,504/-. Being aggrieved and diss ..... X X X X Extracts X X X X X X X X Extracts X X X X
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