2011 (2) TMI 1497

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.... respondent. JUDGEMENT 1. Basically two questions are raised by the Appellant in this appeal. The same are as follows: 1. Whether the Tribunal was justified in upholding the disallowance of the interest of ₹ 78,72,653/- on the ground that the investment in impugned shares were made for gaining controlling interest in the Malaysian Company, TCLIM ? 2. Whether the Tribunal was justifie....