2014 (10) TMI 1075

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.... -Spl. Counsel ORDER PER JOGINDER SINGH, JUDICIAL MEMBER: The assessee is aggrieved by the impugned order dated 19/11/2012 of the ld. First Appellate Authority, Mumbai. The assessee raised the following grounds- 1. The ld. Commissioner of Income-tax (Appeals) has erred in law and in facts in passing the order u/s 250 of the Act. 2. The ld. Commissioner of Income-tax (App....

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....and 234C of the Act. 2. At the time of hearing, the ld. Counsel for the assessee Shri Vijay Mehta did not press ground nos. 1 to 3 in the grounds of appeal to which the special counsel for the revenue had also no objections, therefore, these grounds are dismissed as not pressed. 3. Ground no. 4 pertains to not granting relief of liability amounting to Rs.1,07,81,528/- towards interest expend....

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....cal issue arose before the Bench for A.Y. 2000-01 and following the decision of the Tribunal in the case of M/s Eminent Holdings Pvt. Ltd. (ITA No. 8200/M/2010 & 8353/M/2010), wherein the decision of the coordinate Bench in the case of Hitesh S. Mehta (ITA NOs.7726 & 7727/M/2010) was followed and finally the issue was set-aside to the file of the ld. CIT(A) for fresh adjudication with a direction ....

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....with respect of aforesaid ground no. 4. Consequently, this ground is consequential to the above, therefore is also allowed for statistical purposes with a direction to decide it a fresh as per the provision of the law after giving finding on the claim of interest thus this ground is allowed for statistical purposes. 5. So far as, charging of interest u/s 234A, 234B and 234C is concerned the ld.....