2016 (12) TMI 1828

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....Act) challenges the order dated 12th February, 2014 passed by the Income-tax Appellate Tribunal (the Tribunal). The impugned order is in respect of Assessment Year 2008-09. "Whether on the facts and in the circumstances of the case and in law, the Tribunal is right in holding that no investment is made by the assessee in shares and securities (Mutual funds) out of interest bearing funds relying ....