2005 (4) TMI 567

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ction 256 (2) of the Income Tax Act, 1961, hereinafter referred to as "the Act" for opinion to this Court. " Whether on the facts and in the circumstances of the case, the Tribunal was legally justified in holding the CIT (A)'s action in deleting the disallowance of interest of ₹ 3,60,000/- when no interest was charged by the assessee company on the advances given to its....