https://www.taxtmi.com/caselaws?id=238681 The Tribunal allowed the appeal of the assessee, holding that the interest paid on borrowed funds for share acquisition could be capitalized as part of the cost of acquisition for computing short term capital gain on the sale of shares. The provisions of section 14A were deemed inapplicable in this case. en-us Wed, 09 Oct 2013 00:00:00 +0530 Tue, 29 Oct 2013 07:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238681 The Tribunal allowed the appeal of the assessee, holding that the interest paid on borrowed funds for share acquisition could be capitalized as part of the cost of acquisition for computing short term capital gain on the sale of shares. The provisions of section 14A were deemed inapplicable in this case. Case-Laws Income Tax Wed, 09 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238681