https://www.taxtmi.com/caselaws?id=217061 The appeals filed by the assessee for the assessment years 2005-06 and 2006-07 were partly allowed. The ITAT directed the AO to recompute disallowances under Section 14A of the I.T. Act and Securities Transaction Tax payments. The disallowance of bad debts from share trading business was set aside, and the treatment of Short-Term Capital Gains as business income was remanded for further factual interpretation. en-us Wed, 04 Jul 2012 00:00:00 +0530 Sat, 06 Jul 2013 14:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217061 The appeals filed by the assessee for the assessment years 2005-06 and 2006-07 were partly allowed. The ITAT directed the AO to recompute disallowances under Section 14A of the I.T. Act and Securities Transaction Tax payments. The disallowance of bad debts from share trading business was set aside, and the treatment of Short-Term Capital Gains as business income was remanded for further factual interpretation. Case-Laws Income Tax Wed, 04 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217061