2016 (7) TMI 1622

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..... nt of interest in terms u/s 2(28A) or addition 40(a)(i) - HELD THAT:- As pointed out by the CIT (A), there was no warrant for treating the bank guarantee commission as a payment of interest in terms of Section 2(28A) of the Act. The bank guarantee commission paid to the foreign bank could not have been disallowed under Section 40(a)(i) of the Act on the above basis. The Court is unable to find any .....

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..... No. 400 of 2016 & ITA No. 426 of 2016 2. These appeals by the Revenue are directed against the common order dated 5th February 2016 passed by the Income Tax Appellate Tribunal ('ITAT') in ITA No. 3834/Del/2009, 53/Del/2011 and 1815/Del/2011 for the Assessment Years ('AYs) 2006-07, 2007-08 and 2008-09 respectively. 3. One common question that is urged by the Revenue is regarding the ITAT having .....

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