https://www.taxtmi.com/caselaws?id=253524 The Tribunal upheld the deletion of disallowance on account of investment written off, notional interest income, disallowance under Section 14A, and guest house expenses. However, it dismissed the addition on account of profit on sale/redemption of investments, provision made for orphan claims, and diminution in the value of investments. The Tribunal also allowed the assessee's additional ground regarding the computation of book profits under Section 115JB. The appeal of the assessee was allowed in part, and the appeal of the Revenue was dismissed. en-us Fri, 21 Nov 2014 00:00:00 +0530 Thu, 27 Nov 2014 06:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253524 The Tribunal upheld the deletion of disallowance on account of investment written off, notional interest income, disallowance under Section 14A, and guest house expenses. However, it dismissed the addition on account of profit on sale/redemption of investments, provision made for orphan claims, and diminution in the value of investments. The Tribunal also allowed the assessee's additional ground regarding the computation of book profits under Section 115JB. The appeal of the assessee was allowed in part, and the appeal of the Revenue was dismissed. Case-Laws Income Tax Fri, 21 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253524