2018 (5) TMI 1740

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..... Mr. AR. V. Srinivasan ORDER PER S. JAYARAMAN, ACCOUNTANT MEMBER: M/s. Kalaignar TV Pvt. Ltd., the assessee, who is engaged in the business of broadcasting Tamil channel through Television, submitted that the AO added trade advances received for advertisements, loan from M/s.Anjugam Films Pvt. Ltd., and disallowed interest payment made to M/s.Cineyug Media & Entertainment Pvt. Ltd., in the asses .....

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..... any ground, this order shall stand vacated. However, if the Revenue seeks adjournment on any ground, the assessee is entitled to get a blanket stay. Subject to the above conditions, the assessee's Stay Petition is disposed. 4. In the result, the Stay Petition filed by the assessee is partly allowed. Order pronounced in the Open Court on May 25, 2018 at Chennai.
Case laws, Decisions, Judgemen .....

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