2011 (2) TMI 1609

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..... BHATKAR, JJ. For the Appellant : Mr. Vimal Gupta For the Respondent : Mr. P.J. Pardiwala, senior Advocate with Ms. J.N. Shah i/b. Dru Shah Co. ORDER P.C.:- 1. The only que .....

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..... i Bank Ltd. (Cochin) reported in 76 TTJ 439 held that the interest paid to the RBI was not penalty and accordingly the interest expenditure is allowable. SLP filed by the revenue against similar decis .....

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