Held that matter remanded to the Assessing Officer to decide issue afresh and apportionment of expenses towards dividend income from shares held as stock in trade. (AY 2013-14)
Add. CIT v. PNB Gilts Ltd. (2021) 90 ITR 16 (SN) (Delhi)(Trib.)
S. 14A : Disallowance of expenditure-Exempt income-Investment from interest free funds-Shares held as stock in trade-Matter remanded. [S. 36(1)(iii), R. 8D]