Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2015 (5) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2015 (5) TMI 1170 - AT - Income TaxAddition u/s 14A - Held that:- In our considered opinion, the investments made by the assessee are in Growth Oriented Funds where no dividend is declared. However, we find that whenever there is maturity of these funds, the amount is subject to tax under the head ‘Capital Gain’. Considering all we decline to interfere with the findings of the Ld. CIT(A). - Decided against revenue
|