ACIT, CIRCLE-1(1), DHANBAD vs. M/S HIMANGSU MAHTO, DHANBAD

In the result, the appeal filed by the Revenue in ITA No

Bench: Sri Rajesh Kumar & Sonjoy Sarma

Section 68 of the Act. Consequently, Ld. CIT(A) also allowed the interest on this loan of Rs. 41,233/- which was also disallowed by Ld. AO. Having considered all these facts and circumstances, we are of the opinion that Ld. CIT(A) has taken a reasoned view after discussing all the facts in detail. Therefore, we are inclined