2012 (3) TMI 722

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.... :- Shri James Kurian, Sr. DR ORDER PER G C GUPTA (VICE-PRESIDENT):- This appeal by the assessee for Assessment Year 2005-06 is directed against the order of the learned CIT(A). The only ground of appeal of the assessee is as under:- "On the facts and in the circumstances of the case as well as law on the subject, the learned CIT(A) has erred in confirming the action of the AO in....

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....e orders of the AO and the learned CIT(A) in the immediately preceding Assessment Year 2004-05. We find that in similar facts the addition made u/s 40A(2)(b) of the Act on account of excessive interest in the immediately preceding assessment year 2004-05 was deleted by the learned CIT(A) in the case of the assessee vide his order dated 29-01-2008. It was stated by the assessee that no further appe....