IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH. I.T.A. No.106 of 2003 Date of decision: 07.11.2006 Commissioner of Income-tax (Central), Ludhiana. ---Appellant Vs. M/s Alchem. India Limited, Ludhiana. ---Respondent. CORAM:- HON'BLE MR JUSTICE ADARSH KUMAR GOEL HON'BLE MR JUSTICE RAJESH BINDAL Present: Mr. S.K. Garg Narwana, Advocate for the appellant. ----- ORDER: This appeal has been preferred by revenue against the order dated 03.12.2002 of Income Tax Appellate Tribunal, Chandigarh Bench-B, Chandigarh in I.T.A. No.97/Chandi/98 in respect of the assessment year 1994-95 proposing following substantial question of law:- “Whether on the facts and in the circumstances of the case, the Tribunal was right in law in deleting the disallowance of Rs.6,85,975/- made on account of interest on Interest Free Advances given to the sister-concerns for non-business purposes?” In view of order passed today in Commissioner of Income Tax (Central), Ludhiana v. M/s Varinder Agro Chemicals Limited, Ludhiana I.T.A. No.30 of 2002, this appeal is disposed of in the same terms. ( ADARSH KUMAR GOEL ) JUDGE November 07, 2006 ( RAJESH BINDAL ) ashwani JUDGE