M/S. BIEVEN TECHNOLOGY PRIVATE LIMITED,BENGALURU vs. DCIT, CIRCLE-2(1)(1), BENGALURU
Income Tax Appellate Tribunal, ‘A’ BENCH, BANGALORE
Before: SHRI WASEEM AHMED & SHRI KESHAV DUBEYAssessment Year: 2010-11
PER WASEEM AHMED, ACCOUNTANT MEMBER:
This is an appeal filed by the assessee against the order passed by the NFAC,
Delhi vide order dated
25/09/2024
in DIN
No.ITBA/NFAC/S/250/2024-25/1069104091(1) for the assessment year
2010-11. 2. The only issued raised by the assessee is that the learned CIT(A) erred in confirming the order of the AO by sustaining the addition of interest expenses of Rs. 4,02,24,590.00 only.
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made by him. Thus, the ground of appeal of the assessee is hereby allowed.
In the result, the appeal filed by the assessee is hereby allowed.
Order pronounced in court on 15th day of December, 2025 (KESHAV DUBEY)
Accountant Member
Bangalore
Dated, 15th December, 2025
/ vms /
Copy to:
The Applicant 2. The Respondent 3. The CIT 4. The CIT(A) 5. The DR, ITAT, Bangalore. 6. Guard file
By order
Asst.