S. 36(1)(iii) :Interest on borrowed capital-Installation of cell site towers Provision did not contemplate distinction between capital borrowed for revenue or capital purpose-Expansion of business-Matter remanded to Assessing Officer to examine aspects pertaining to common pool of funds as framed by Tribunal and cell sites actually brought into use. [S. 37(1), 260A]
Vodafone Mobile Services Ltd. v. Dy. CTT (2025) 476 ITR 80 (Delhi)(HC)