2014 (5) TMI 237

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....012, INCOME TAX APPEAL No. - 489 of 2012 - -<br>Income Tax<br>Hon&#39;ble Rajes Kumar And Hon&#39;ble Shashi Kant,JJ. For the Appellant : Swapnil Kumar,Subham Agrawal For the Respondent : S.C.,B Agrawal,S. Chopra ORDER Heard Sri Subham Agrawal appearing on behalf of the appellant and Sri Shambhu Chopra, appearing on behalf of the respondent. These are six Income Tax Appeals under Se....

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....al has committed manifest and substantial error of law in as much as the findings recorded by the Tribunal are not based on any material on record and have been reached merely on ipse dixit and without any basis; and that further hire charges could not be converted as interest within the meaning of Interest under Interest Tax Act, 1974." All the questions are co-related to each-other and raises....