ITAT has directed A.O to examine the interest free funds available and grant relief under rule 8D(iii) in case of Mehta Financial Services Ltd.
Last updated: 22 January 2021
Court :
ITAT Mumbai
Brief :
This appeal by the assessee is directed against order of learnedCommissioner of Income Tax (Appeals) [in short learned CIT(A)] dated 8.11.2019 and pertains to assessment year 2013-14.
Citation :
I.T.A. No. 515/Mum/2020
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Published in Income Tax
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