Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2013 (2) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2013 (2) TMI 914 - ITAT MUMBAIExtract: .......shed that interest payment to Directors was un-reasonable or excessive. Therefore, respectfully following the orders of the coordinating Benches, we reverse the order of the FAA. We decide Grounds of Appeal in favour of the assessee. As a result, appeal filed by the assessee stands allowed. Order pronounced in the open court on 22nd February, 2013.
|