2018 (3) TMI 1861

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....R-I Assessee by: Shri. Sandeep, CA ORDER Sunil Kumar Yadav, This appeal is preferred by the revenue against the order of CIT(A), interalia, on the following grounds: (1) The ld.CIT(A) erred in deleting the additions on account of accrued interest on loans which are classified as "Non-performing Assets" relying on the Karnataka High Court decision in Canfin Homes Ltd (2011) 5 Tax Corp (DT) ....

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....it, Bilagi in ITA No. 100090 of 2015 and Canfin Homes has not been accepted by the Department and SLP has been filed before the Hon'ble Supreme Court, which is pending. 2. During the course of hearing, the learned counsel for the assessee invited our attention to the impugned issue with the submission that the impugned issue is squarely covered by the judgment of the jurisdictional High Court....