ACIT 25(2), MUMBAI vs. METCRAFT ENGINEERING CORPORATION, MUMBAI

In the result appeal filed by the revenue is hereby Dismissed

Bench: Shri G.S.Pannu, Am & Shri Amarjit Singh, Jm आयकरअपीलसं/I.T.A. No.6233/Mum/2012 (िनधा"रणवष" / Assessment Year: 2009-10) Asst. Commissioner Of बनाम/ M/S. Metform Corporation Income Tax 25(2) 601-602, Sidharth Arcade, Vs. C-11, Pratyakshakar Bhavan Lt Road, Borivali(W) R. No.108, Bandra Kurla Mumbai - 400092 Complex, Bandra (East) Mumbai - 400051 "थायीलेखासं./जीआइआरसं./Pan/Gir No. : Aaafm9883D (अपीलाथ"/Appellant) .. (""थ" /Respondent)

section 36(1)(iii) of the Act to the tune of Rs.3,52,576/- and also and also challenged the deletion of the disallowance of the interest expenditure incurred towards the acquisition of fixed assets to the tune of Rs.7,86,895/-. Before proceeding further the finding of the CIT(A) on the above said issues is hereby reproduced below