The Commissioner Of Income Tax – 2, Mumbai v. M/S.gill And Company Limited

IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.1997 OF 2009 The Commissioner of Income Tax – 2, Mumbai..Appellant. Versus M/s.Gill and Company Limited..Respondent. Mr.Suresh Kumar for the appellant.None for the respondent. CORAM : J.P. Devadhar &K.K. Tated, JJ. P.C. : DATE : 16th September 2011 1.This appeal is filed by the Revenue against the order of the Income Tax Appellate Tribunal dated 30[th] June 2008 relating to the assessment year 1998-99. The dispute in the present case is, whether the Income Tax Appellate Tribunal was justified in deleting the accrued interest on the inter-corporate deposits made by the assessee. 2.Perusal of para-8 of the order passed by the Income Tax Appellate Tribunal, it is seen that the Income Tax Appellate Tribunal has restored the issue to the file of the assessing officer for deciding the matter afresh. 3.Since the Income Tax Appellate Tribunal has restored the issue to the file of the assessing officer, we are not inclined to entertain the present appeal. The appeal is accordingly dismissed with no order as to costs.