Cadila Pharmaceuticals Ltd. v. ACIT (2024) 115 ITR 51 ((SN)/ 162 taxmann.com 229 (Ahd)(Trib)

S. 36(1)(iii) : Interest on borrowed capital-Sufficient interest free funds-Disallowance is deleted.

Held that the assessee had sufficient interest free funds. Disallowance is deleted. (AY. 2010-11)

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