https://www.taxtmi.com/caselaws?id=122849 The revenue's appeals for various assessment years were mostly dismissed, with decisions favoring the assessee on issues such as the applicability of Section 44C for expatriate salaries, classification of loss on sale of securities, deduction of broken period interest, and addition on account of revaluation of securities. However, the revenue partially succeeded in challenging the treatment of upfront guarantee commission for one assessment year. The applicable tax rate for the assessee was upheld at a higher rate for another assessment year. en-us Thu, 25 Jun 2009 00:00:00 +0530 Tue, 03 Oct 2023 12:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122849 The revenue's appeals for various assessment years were mostly dismissed, with decisions favoring the assessee on issues such as the applicability of Section 44C for expatriate salaries, classification of loss on sale of securities, deduction of broken period interest, and addition on account of revaluation of securities. However, the revenue partially succeeded in challenging the treatment of upfront guarantee commission for one assessment year. The applicable tax rate for the assessee was upheld at a higher rate for another assessment year. Case-Laws Income Tax Thu, 25 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122849