2019 (8) TMI 108

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....JUDGMENT (PER : HONOURABLE MR.JUSTICE J.B.PARDIWALA) This Tax Appeal, under Section 260A of the Income Tax Act, 1961, is at the instance of the Revenue and is directed against the order passed by the Income Tax Appellate Tribunal, Surat dated 26/10/2018 in the ITA No.294/ SRT/2017 for the A.Y.2014-15 . 2. We take notice of the fact that the Appellate Tribunal, while dismissing the appeal ....

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....ed tribunal, mere incorporation of interest on the partners' capital and remuneration does not signify that the same are mandatory in nature. We concur with the view taken by the learned tribunal. We see no reason to interfere with the impugned judgment and order passed by the learned tribunal. No substantial questions of law arise in the present Tax Appeal. The present Tax Appeal deserves to be d....