Dcit, New Delhi vs Federal Mogul Goetze India Ltd., Delhi on 20 April, 2017
Ltd. (supra); we decide the issue in
dispute regarding disallowance of bank charges in the present
appeal for AY 2012-13, in favour of assessee, and against Revenue.
Accordingly, the 3rd ground of appeal in AY 2012-13, is dismissed.
(F) In the result, both the appeals filed by Revenue are
dismissed. Order pronounced in the Open Court on 16/09/2022.