Investment made by an assessee company to excercise control on other investee companies is an business activity
Last updated: 13 December 2022
Court :
ITAT Mumbai
Brief :
ITAT BOMBAY RULED That investments made by an assessee company to exercise control over other investee companies constitutes a business activity.
Citation :
You have reached daily limit of 2 Free Judgements. To view this or other Judgements please subscribe to CCI PRO :
Stay updated! Stay ads free
Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.
CCI PRO annual subscription :
Original Price : INR 2999/-
Offer Price : INR 1999/-
Duration : 1 year
(Prices Inclusive of GST)
Know More
Note: If you are a PRO member already, please click here to login (for ad free experience)
FCS Deepak Pratap Singh
Published in Income Tax
Views : 228
Comments
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
