https://www.taxtmi.com/caselaws?id=267675 The Appellate Tribunal ITAT DELHI dismissed the Revenue's appeals regarding the disallowance of business loss on the sale of securities and the reduction of expenses under section 14A. The Tribunal partially allowed the assessee's appeal related to the disallowance of business expenditure linked to tax-free interest income. The Tribunal also directed the Assessing Officer to verify the TDS certificate in the matter of interest income, providing relief to the assessee if the excess TDS deduction is confirmed. en-us Thu, 08 Oct 2015 00:00:00 +0530 Tue, 10 Nov 2015 21:38:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267675 The Appellate Tribunal ITAT DELHI dismissed the Revenue's appeals regarding the disallowance of business loss on the sale of securities and the reduction of expenses under section 14A. The Tribunal partially allowed the assessee's appeal related to the disallowance of business expenditure linked to tax-free interest income. The Tribunal also directed the Assessing Officer to verify the TDS certificate in the matter of interest income, providing relief to the assessee if the excess TDS deduction is confirmed. Case-Laws Income Tax Thu, 08 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267675