https://www.taxtmi.com/caselaws?id=214161 The Tribunal dismissed the revenue's appeals, affirming the CIT(A)'s classification of income from the sale of shares and securities as 'Capital Gains'. The Tribunal partially allowed the assessee's cross-objections by limiting the disallowance of expenses under Section 14A to 1% of the exempt dividend income. en-us Fri, 24 Jun 2011 00:00:00 +0530 Thu, 21 Jun 2012 09:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214161 The Tribunal dismissed the revenue's appeals, affirming the CIT(A)'s classification of income from the sale of shares and securities as 'Capital Gains'. The Tribunal partially allowed the assessee's cross-objections by limiting the disallowance of expenses under Section 14A to 1% of the exempt dividend income. Case-Laws Income Tax Fri, 24 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214161