Bombay H.C : The investment in tax free securities/investments are represented by assessee’s own funds in the shape of share capital and reserves, ignoring the fact that the assessee is a bank involved in transactions of money in various forms and treasury operations is only out of its functions
High Court Of Bombay CIT-2, Mumbai Vs. HDFC Bank Ltd. Section : 14A Assessment Years : 2001-02 To 2005-06 S. […]