Bench: Shri Chandra Poojari, Am & Shri George George K, Jm
68,682, a sum of Rs.4,87,58,962 was investment made in a foreign subsidiary company, which does not give raise to any exempted income, and therefore, the provisions of section 14A of the I.T.Act does not have application to the investment to the tune of Rs.4,87,58,962. The investment amounting to Rs.6