Claim made Through invalid revised return can also be considered

The AO examined the details of legal and professional charges paid by the company and noticed that the claim of Rs.5 lacs paid to M/s Kotak Mahindra Capital Company Ltd towards placement fees and earned dividend income which was claimed exempt u/s 10(34) of the Act. The company did not make any disallowance for the purposes of section 14A of the Act. A revised computation of income was filed during assessment proceedings has claiming further deduction of Rs.3,20,514/- paid as management fee to ICICI Prudential Asset Management Company Limited. The

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