Case Law Details
Case Name : A.C.I.T. Vs. Punjab State Coop & Marketing Fed. Ltd. (ITAT Chandigarh)
Related Assessment Year : 2007- 08
Courts :
All ITAT ITAT Chandigarh
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ACIT Vs. Punjab State Coop & Marketing (ITAT Chandigarh)– The assessee has placed on record the details of investment along with the amount of investment in shares in five companies made by the assessee. On perusal of the said details reveal that majority of the investments were made prior to 1994 and on the said investments no dividend has been received by the assessee during the year. The assessee had received the dividend of Rs. 3,96,000/- from Indian Potash Supply Agency Madras, in which the inv
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