Guarantee fee not results in asset or advantage of enduring nature

HIGH COURT OF ALLAHABAD Commissioner of Income-tax, Ghaziabad versus Noida Toll Bridge Co. Ltd. IT APPEAL NO. 273 OF 2011 AUGUST 24, 2012 ORDER 1. We have heard Shri Dhananjay Awasthi, learned counsel appearing for the appellant. Shri S.R. Patnaik, Ms. Akansha Agarwal, and Shri Ashish Agrawal appear for the respondent-assessee. 2. The Commissioner of Income Tax, Ghaziabad has filed this Income-tax Appeal under Section 260-A of the Income Tax Act, 1961 against the judgment and order dated 20.4.2009 passed by Income Tax Appellate Tribunal, Delhi Bench ‘E’, New Delhi ...