Friday, March 29, 2019

No sec. 14A disallowance if incidental dividend received on shares purchased for trading purpose

IT: Where assessee purchased shares as stock-in-trade for purpose of trading, mere fact that assessee incidentally received dividend on those shares as declared by investee company, no case was made out for invoking provisions of section 14A

from www.taxmann.com Latest Case Laws https://ift.tt/2uzYAC6
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