Pr. Commissioner Of Income Tax-17 v. Suryakant H. Gandhi

Priya Soparkar 23 itxa 139-17-o IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.139 OF 2017 Pr.Commissioner of Income Tax-17 ... Appellant V/s.

Suryakant H. Gandhi ... Respondent --- Mr.Suresh Kumar for the Appellant.

--- CORAM : AKIL KURESHI AND SARANG V.KOTWAL, JJ.

DATE : MARCH 12, 2019.

P.C.:- 1.

Revenue has filed this appeal against the judgment of the Income Tax Appellate Tribunal raising following question for our consideration:- "Whether on the facts and in the circumstances of the case and in law, the Tribunal was justified in allowing the claim of the assessee in respect of interest expenses of Rs.6,22,483/-?"

2.

The Assessing Officer having disallowed interest expenditure, the CIT Appeals of the Tribunal concurrently held

Priya Soparkar 23 itxa 139-17-o that there was no such expenditure claimed by the assessee and therefore, there was no question of disallowing the expenditure. In that view of the matter, appeal is dismissed. (SARANG V.KOTWAL,J.) (AKIL KURESHI,J.) ....