2016 (3) TMI 1175

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..... rds earning exempt income was insufficient. - ITA 218/2016 - - - Dated:- 30-3-2016 - S. Muralidhar and Vibhu Bakhru , JJ. For the Petitioner : P. Roy Chaudhuri, Lakshmi Gurung ORDER CM No. 11663 of 2016 (exemption) 1. Allowed subject to all just exceptions. ITA No. 218 of 2016 2. This appeal by the Revenue is directed against the order dated 30th September 2015 of the .....

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..... 7; 4.19Crores and ₹ 1.20 Crores from PTC India Ltd. From the annual accounts of the assessee company we note that there is no change in the investments in these two companies during the year. Investments in the Powerlink Transmission Ltd. in the preceding year were ₹ 229.32 Crores which continued at ₹ 229.32 Crores during the year. Similarly in PTC India Ltd. the investment in th .....

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