2024 (12) TMI 1645

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.... Appellant : Mr. Tilak Sharma, Adv., Mr. Amit Sharma, Adv. For the Respondent : Mr. Amit Agarwal, Adv. ORDER The Court : There is a delay of 165 days in filing this appeal. As the delay has been properly explained the same is condoned. The application for condonation of delay being GA/1/2024 stands allowed. 2. This appeal filed by the Income Tax Department under Section 260A of the Inc....

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.... ii) Whether the Learned Income Tax Appellate Tribunal has committed substantial error in law in upholding the order of the Commissioner of Income Tax (Appeals) deleting the addition made under Section 69C of the Income Tax Act, 1961 on account of interest expenses on such unsecured loan ? 4. We have heard Mr. Tilak Sharma, learned standing counsel appearing for the appellant and Mr. Amit A....