2012 (4) TMI 650

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..... 2012 - -
Income Tax
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MR. SANJIV KHANNA & MR. R.V.EASWAR, JJ. For the appellant:- Mr. Deepak Chopra, sr. standing counsel with Mr. Harpreet Singh Ajmani, Adv. For the respondent:- Mr. Sal .....

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..... as treated and considered as interest paid. The High Court has not agree with the Revenue and has held that bill discount cannot be equated and treated as interest paid and therefore the tax at source .....

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