Commissioner Of Income Tax vs Sahu Investment Mutual Benefit Co. Ltd.
Whether the Tribunal was justified in deleting the disallowance of interest/commission paid by the assessee to depositors, to the extent it charged less from promoters and their relatives/sister concerns --- Held Yes. Whether the Tribunal was justified in ignoring the ratio of H.R. Sugar Factory P. Ltd. 187 ITR 363 --- Held Yes.
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