Gujarat Narmada Valley Fertilizers ... vs Dy.Commissioner Of Income Tax on 19 March, 2014
lakhs (being 1/10th of the total expenditure
on GDR issue) to its P & L A/c. for F.Y.
199596 onwards ... seen that part of the GDR issue
was used for making investments, which
includes the investment of Rs.96.62 crores
in UTI. On scrutiny