TMI Blog2010 (12) TMI 382X X X X Extracts X X X X X X X X Extracts X X X X ..... evenue and in favour of the assessee. - ITA No. 3 of 2009 - - - Dated:- 3-12-2010 - MR. JUSTICE ADARSH KUMAR GOEL, MR. JUSTICE AJAY KUMAR MITTAL, JJ. Mr. Yogesh Putney, Advocate Mr. Rajesh Katoch, Advocate for the appellant, Ms. Radhika Suri, Advocate for the respondent. AJAY KUMAR MITTAL, J. 1. This order shall dispose of ITA Nos. 3 of 2009, 474, 515 of 2006 and 378 an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... er of the Ld. CIT(A) in deleting the disallowance of Rs.5,36,120/- on account of interest free advances given to its sister concerns, especially when the onus is on the assessee to prove 'commercial expediency' behind giving interest free loans and as to which particular fund was utilized by it to make advances to the sister concern and the assessee had failed to prove it, and the Hon'ble ITAT has ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ployees' contribution to PF and disallowance of interest of Rs.5,36,120/- under Section 36(1)(iii) of the Income Tax Act, 1961 (in short the Act ). Feeling aggrieved, the assessee filed an appeal before the Commissioner of Income Tax (Appeals) [hereinafter referred to as the CIT(A) ] who vide order dated 13.9.2007 while deleting the additions allowed a total relief of Rs.12,68,743/-. Against the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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