Case Law Details
Case Name : Mecords India Limited Vs ITO (ITAT Mumbai)
Appeal Number : ITA No. 1013/Mum/2016
Date of Judgement/Order : 04/10/2019
Related Assessment Year : 2010-11
Courts :
All ITAT ITAT Mumbai
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Mecords India Limited Vs ITO (ITAT Mumbai)
ITAT states that, it was not disputed that the borrowings were made in earlier years and no disallowance of interest was made in earlier years with regard to the said borrowings and utilization thereon. Further, it was found that the amo
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