https://www.taxtmi.com/caselaws?id=265787 The Tribunal upheld the treatment of income from shares as business income, referred to relevant case law and Circular No. 4 of 2007, and confirmed the order. Regarding disallowance under section 14A, the Tribunal restored the matter to the Assessing Officer for proper decision. The Tribunal allowed the claim for depreciation under section 32(1)(ii) for tenancy rights, citing jurisdictional High Court authority. Concerning the rebate under section 88E for security transaction tax, the Tribunal noted discrepancies and partially allowed the appeal, returning the matter for a proper decision. The judgment addressed complex income tax issues with thorough analysis for a fair outcome. en-us Thu, 27 Mar 2014 00:00:00 +0530 Fri, 16 Oct 2015 06:10:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265787 The Tribunal upheld the treatment of income from shares as business income, referred to relevant case law and Circular No. 4 of 2007, and confirmed the order. Regarding disallowance under section 14A, the Tribunal restored the matter to the Assessing Officer for proper decision. The Tribunal allowed the claim for depreciation under section 32(1)(ii) for tenancy rights, citing jurisdictional High Court authority. Concerning the rebate under section 88E for security transaction tax, the Tribunal noted discrepancies and partially allowed the appeal, returning the matter for a proper decision. The judgment addressed complex income tax issues with thorough analysis for a fair outcome. Case-Laws Income Tax Thu, 27 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265787