2016 (3) TMI 1175
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....llowed subject to all just exceptions. ITA No. 218 of 2016 2. This appeal by the Revenue is directed against the order dated 30th September 2015 of the Income Tax Appellate Tribunal ('ITAT') in ITA No. 5577/Del/2011 for the Assessment Year ('AY') 2008-09. 3. The only ground urged by the Revenue in this appeal is regarding the correctness of the decision of the ITAT in holding that the dis....
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....e preceding year were Rs. 229.32 Crores which continued at Rs. 229.32 Crores during the year. Similarly in PTC India Ltd. the investment in the preceding year was Rs. 12 Crores which continued at Rs. 12 Crores during the year under consideration. The dividend received from these two companies has been credited to the bank account." 5. Considering that it is not case where regular activities wer....
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