In the result, the Revenue's appeal is dismissed as not maintainable
Bench: Shri Sanjay Arora, Hon’Ble & Shri Manomohan Das, Hon'Ble
14A, inserted only by Finance Act, 2001. The borrowed capital had been invested by the assessee in shares, stated to be purchased as a matter of business policy as an investment company, which had not yielded any dividend income for the relevant year. The claim, though confirmed for disallowance by the Tribunal, had been allowed