ACIT, NEW DELHI vs. SHRI RAVI GOYAL, NEW DELHI
In the result, all the 05 Appeals filed by the Revenue stand dismissed
ITA 692/DEL/2012[1989-90]Status: DisposedITAT Delhi07 Apr 2017AY 1989-90
Bench: Shri H.S. Sidhu
For Appellant: NoneFor Respondent: Sh. F.R. Meena, Sr. DR
Section 143(3)Section 144Section 147
…ce of the amount of interest paid by it on borrowed capital" Reliance may also be placed upon the following cases: CIT Vs Bombay Samachar Limited 74 ITR 723 CIT Vs. Sridev Enterprises 192 ITR 165 Dail Investments Ltd. Vs. Deputy Commissioner Of Income Tax 73 TTJ 22" {13.1} It is seen that this issue was the subject of appeal in Assessment Years 1991-92 and 1992-93. In the order for the Assessment Year 1992-93 of the CIT (A) XXIII dated 31.03.2011, this issue was held in favour of the appellant, after considering the order of the ITAT, Delhi for the Assessment Year 1991-92, wherein it was held:- "9.3 We ha…