https://www.taxtmi.com/caselaws?id=69468 The Tribunal upheld the inclusion of interest on borrowed funds in the cost of acquisition of shares. The issue of disallowance under Section 14A was remitted to the AO for reconsideration based on actual expenses. The non-compete fee was not deemed part of the acquisition cost of shares, leading to the dismissal of the assessee's appeal on this matter. en-us Wed, 21 Jan 2009 00:00:00 +0530 Wed, 12 Jun 2013 17:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69468 The Tribunal upheld the inclusion of interest on borrowed funds in the cost of acquisition of shares. The issue of disallowance under Section 14A was remitted to the AO for reconsideration based on actual expenses. The non-compete fee was not deemed part of the acquisition cost of shares, leading to the dismissal of the assessee's appeal on this matter. Case-Laws Income Tax Wed, 21 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69468