Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2017 (6) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2017 (6) TMI 1335 - HC - Income TaxAdmit substantial question of law - income exempt under section 10 considered for purposes of computing the 85% application of income - whether Tribunal was right in holding that the shares of TCS received in the year 200102 were held in breach of section 13(1)(d) ? - whether Tribunal was right in holding that the sale proceeds arising from the sale of bonus shares of TCS were required to be converted into asset/investment permissible under Section 11(5) and hence, clause (iia) of the proviso to section 13(1)(d) would not apply ?
|