2003 (9) TMI 442

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..... Order per : S.L. Peeran, Member (J)]. - In all these three appeals filed by the Revenue the question of law and facts arises hence they are taken up together for disposal as per law. 2. In the impugned order Commissioner has noted that the issue before him pertains to the following : (a) abatement towards discount on damages (b) Bank charges (c) Int .....

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..... .C.) and submits that Revenue is not aggrieved with the observations that the assessments are provisional and required to be finalised. However, he submits that the order passed by the Commissioner granting discount to the damages is not a correct order in terms of the above Apex Court judgment and the same is not required to be granted. He seeks for modification of the order. He submits that inte .....

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..... efore, the impugned order on this ground is modified and it is held that the assessee is not entitled to claim abatement towards discount of damages. Insofar as the abatement of bank charges are concerned, there is no appeal preferred by the Revenue on this point. The Commissioner s findings on grant of interest on receivables is also a correct order. Further his observation that the assessments a .....

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