Tribunal held that, interest on investment disallowed will be part of cost of acquisition of shares for determining profit on sale of shares .(AY.2014-15)
Sudhir S. Mehta v. Dy. CIT (2021) 85 ITR 8 (SN)(Mum) (Trib)
S.48 : Capital Gains — Computation – Cost of acquisition — Shares — Interest on investment disallowed will be part of cost of acquisition of shares for determining profit on sale of shares [ S.45, 57 ]