https://www.taxtmi.com/caselaws?id=176611 The Tribunal upheld the Commissioner (Appeals) decision regarding the calculation of rebate under section 88E of the Income Tax Act for the assessment year 2007-08. The Tribunal found that the higher rebate amount based on share trading income was justified after reviewing the expenditure allocation method followed by the assessee. The Revenue's appeal was dismissed, and the relief granted to the assessee was upheld. en-us Wed, 18 Jul 2012 00:00:00 +0530 Thu, 15 Jun 2017 17:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176611 The Tribunal upheld the Commissioner (Appeals) decision regarding the calculation of rebate under section 88E of the Income Tax Act for the assessment year 2007-08. The Tribunal found that the higher rebate amount based on share trading income was justified after reviewing the expenditure allocation method followed by the assessee. The Revenue's appeal was dismissed, and the relief granted to the assessee was upheld. Case-Laws Income Tax Wed, 18 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176611