2017 (4) TMI 1284 - HC - Income Tax

Addition u/s 40(a)(i) - non deduction of tds on account of interest paid by assessee - Held that - This issue raised by the Revenue stands concluded against the Revenue by the decision of this Court in Director of Income Tax v/s. M/s. Credit Agricole Indosuez (2016 (12) TMI 500 - BOMBAY HIGH COURT). No substantial question of law. - Decided against revenue

Summary

The High Court of Bombay dismissed the appeal challenging an order by the Income Tax Appellate Tribunal regarding deduction on interest paid by the assessee. The court found no substantial question of law based on a previous decision and upheld the Tribunal's decision. (Case citation: 2017 (4) TMI 1284 - BOMBAY HIGH COURT)