TMI Blog2016 (8) TMI 1352X X X X Extracts X X X X X X X X Extracts X X X X ..... nfin Homes Ltd. [2011 (8) TMI 178 - KARNATAKA HIGH COURT ] - Decided against revenue - ITA Nos. 106 & 107/PAN/2016 - - - Dated:- 23-8-2016 - Shri N.S. Saini, Hon ble Accountant Member And Shri George Mathan, Hon ble Judicial Member Assessee by : Shri Channabasavraj Bolmal CA Shri Sanjay D. Shirguppe - CA Department By : Shri Joseph L. Rodrigues - DR ORDER Per George Ma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... At the time of hearing, it is fairly agreed by both the sides that the issues in these appeals were against the action of the Commissioner of Income Tax (Appeals) in deleting the addition made on account of accrued interest on loans which were classified as Non-performing Assets . The Authorized Representative of the assessee relied upon the decision of the Hon ble Jurisdictional High Court of K ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... place before us any contrary decision, the findings of the Commissioner of Income Tax (Appeals) on this issue stands confirmed. Consequently, the appeals filed by the Revenue stand dismissed. 6. In the result, appeals filed by the Revenue stand dismissed. Order Pronounced in the Court at the close of the hearing on Tuesday, the 23rd day of August, 2016 at Goa. - - TaxTMI - TMITax - Inc ..... X X X X Extracts X X X X X X X X Extracts X X X X
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