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Case Law Details

Case Name : Standard Chartered Grindlays Bank-Tax Department Vs ACIT (ITAT Delhi)
Appeal Number : ITA No. 2920/Del/2008
Date of Judgement/Order : 26/10/2020
Related Assessment Year : 2001-02
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Standard Chartered Grindlays Bank-Tax Department Vs DCIT (ITAT Delhi)

The issue under consideration is whether CIT(A) is correct in disallowing managerial and administrative expenses for earning dividend income by treating this as tax free income?

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