https://www.taxtmi.com/caselaws?id=249953 The Tribunal ruled in favor of the assessee, dismissing the Revenue's appeals and confirming the CIT(A)'s decisions on various issues including disallowance under Section 14A, penalty paid to stock exchanges, foreign travel expenses, Security Transaction Tax as capital expenses, and bad debts for multiple assessment years. The Tribunal held that disallowances were not warranted based on sufficient own funds, legal precedents, and factual considerations. The order was pronounced on 07-05-2014. en-us Wed, 07 May 2014 00:00:00 +0530 Mon, 28 Jul 2014 10:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249953 The Tribunal ruled in favor of the assessee, dismissing the Revenue's appeals and confirming the CIT(A)'s decisions on various issues including disallowance under Section 14A, penalty paid to stock exchanges, foreign travel expenses, Security Transaction Tax as capital expenses, and bad debts for multiple assessment years. The Tribunal held that disallowances were not warranted based on sufficient own funds, legal precedents, and factual considerations. The order was pronounced on 07-05-2014. Case-Laws Income Tax Wed, 07 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249953