M/S POPULAR FINANCE COMPANY,PATHANAMTHITTA vs. THE ACIT,CIR-1,, THIRUVALLA

In the result, the appeals of the Revenue are partly allowed for statistical purposes

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

disallowed interest paid on public deposits amounting to Rs. 7,45,07,387/-. 4.1 Therefore, the appeal under consideration is against the order under section 143(3) r.w.s 147 r.w.s. 254 dated 19.07.2013. The relevant paragraphs of the assessment order are as under: "6. From the reply furnished by the assessee and related details available in the file, it would

M/S POPULAR FINANCE COMPANY,PATHANAMTHITTA vs. THE ACIT,CIR-1,, THIRUVALLA

In the result, the appeals of the Revenue are partly allowed for statistical purposes