2 results for “TDS”+ Section 26(1)(iii)clear
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iii) of the Rules.\n8. Ld. CIT(A) in the appellate proceedings recorded the finding that\nassessee's own interest free funds were sufficient to cover\ninvestment made in the securities. Ld. CIT(A) noted that the equity\nfund of the assessee was Rs. 4,657 Cr whereas average\ninvestments were only Rs. 34.64 Cr and, therefore, presumption