Case Law Details
Case Name : The Commissioner of Income Tax Vs K. Raheja Corporation P. Limited (Bombay High Court)
Appeal Number : Income Tax Appeal No. 1260 of 2009
Date of Judgement/Order : 08/08/2011
Related Assessment Year :
Courts :
All High Courts Bombay High Court
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CIT Vs K. Raheja Corporation Pvt. Ltd. (Bombay High Court)- Counsel for the Revenue could not point as to how interest on borrowed funds to the extent of Rs. 2.79 crores was attributable to earning dividend income which are exempt under Section 10(33) of the Act (as it then stood). Therefore, in the
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