Bombay H.C : The Respondent-Assessee, in it’s accounts, had shown borrowed funds and interest free advances to it’s sister concerns

High Court Of Bombay CIT-2, Mumbai vs. Dalmia Dyechem Industries Ltd. Assessment Year : 2003-04 Section : 271(1)(c), 36(1)(iii) M.S. Sanklecha And N.M. Jamdar, JJ. IT Appeal No. 1396 Of 2013 July 6, 2015 ORDER 1. By this appeal under Section 260A of the Income Tax Act, 1961, the Revenue seeks to challenge the order…

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