DCIT, CIRCLE -3(1), VISAKHAPATNAM vs. NORD ANGLIA EDUCATION INFRASTRUCTURE PRIVATE LIMITED, VISAKHAPATNAM

In the result, all the appeals filed by the revenue, viz

Bench: Shri Ravish Sood & Shri Balakrishnan S.

house property”. 10. Further, the AO observed that though the assessee company had during the subject year disclosed in its “balance sheet” under the head “Current assets”, the investments it had made in unlisted and listed equities to an extent of RS. 15,42,44,890/-, but had not attributed any portion of the expenditure debited in its Profit & Loss

DCIT, CIRCLE - 3(1), VISAKHAPATNAM vs. NORD ANGLIA EDUCATION INFRASTRUCTURE PRIVATE LIMITED, VISAKHAPATNAM

In the result, all the appeals filed by the revenue, viz