2017 (6) TMI 1335

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..... Appellant. Mr.Charanjeet Chanderpal with Ms.Namita Shirke, for the Respondent. PER COURT : 1. This appeal pertains to the assessment year 2010­2011. 2. We have heard the learned Counsel for the appellant and the learned Counsel for the respondent.  3. After   hearing   the   learned   Counsel   for   the   respect .....

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..... eld in breach of section 13(1)(d) of the Act. (iii) Whether on the facts, relevant law and in the circumstances   of   the   case,   the   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 .....

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