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of <h1>ITAT Upholds ITO Decision on Interest Difference: Diversion of Income</h1> The Appellate Tribunal ITAT Ahmedabad upheld the ITO's decision to add interest difference of Rs. 40,517 charged by the assessee to Vandana Silk Mills, ... - The Appellate Tribunal ITAT Ahmedabad upheld the ITO's decision to add interest difference of Rs. 40,517 charged by the assessee to Vandana Silk Mills, noting a diversion of income from the assessee-firm. The Tribunal restored the ITO's order, allowing the appeal.
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