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2 results for “capital gains”+ Section 8Oclear

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Cuttack7Mumbai6Bangalore4Telangana4Chennai2Ahmedabad1Delhi1

Key Topics

Section 14A22Deduction2Disallowance2Addition to Income2

SHRIRAM CAPITAL LIMITED,CHENNAI vs. DCIT, CHENNAI

In the result, the appeals filed by the assessee in ITA Nos

ITA 512/CHNY/2015[2010-2011]Status: DisposedITAT Chennai25 Jun 2015AY 2010-2011

Bench: Shri Chandra Poojari & Shri Challa Nagendra Prasadआयकर अपील सं./ I.T.A. Nos.512 &513 /Mds/2015 ("नधा"रण वष" / Assessment Year : 2010-2011 & 2011- 2012)

For Appellant: Shri. R. Sivaraman, AdvocateFor Respondent: Shri. N. Rengaraj, IRS, CIT
Section 14A

gains taxation. Therefore, there is no case of unconditional exemption from taxation as far as the investments made by the assessee are concerned. 2.6. In the facts and circumstances of the case, the investments being made as a business proposition and in the light of the decision of the Tribunal rendered in assessee’s own case for the earlier assessment

SHRIRAM CAPITAL LIMITED,CHENNAI vs. DCIT, CHENNAI

In the result, the appeals filed by the assessee in ITA Nos

ITA 513/CHNY/2015[2011-2012]Status: Disposed
ITAT Chennai
25 Jun 2015
AY 2011-2012

Bench: Shri Chandra Poojari & Shri Challa Nagendra Prasadआयकर अपील सं./ I.T.A. Nos.512 &513 /Mds/2015 ("नधा"रण वष" / Assessment Year : 2010-2011 & 2011- 2012)

For Appellant: Shri. R. Sivaraman, AdvocateFor Respondent: Shri. N. Rengaraj, IRS, CIT
Section 14A

gains taxation. Therefore, there is no case of unconditional exemption from taxation as far as the investments made by the assessee are concerned. 2.6. In the facts and circumstances of the case, the investments being made as a business proposition and in the light of the decision of the Tribunal rendered in assessee’s own case for the earlier assessment