https://www.taxtmi.com/caselaws?id=270341 The appeals were partly allowed by the Tribunal, with specific directions given to the Assessing Officer for re-examination and verification of certain issues, particularly concerning disallowance under Section 14A read with Rule 8D and the treatment of loss on cancellation of forward contracts in forex derivatives. The Tribunal upheld the principles of equity, natural justice, and fair play, ensuring that the Assessing Officer follows judicial precedents and provides a fair assessment. en-us Mon, 28 Dec 2015 00:00:00 +0530 Mon, 04 Jan 2016 10:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270341 The appeals were partly allowed by the Tribunal, with specific directions given to the Assessing Officer for re-examination and verification of certain issues, particularly concerning disallowance under Section 14A read with Rule 8D and the treatment of loss on cancellation of forward contracts in forex derivatives. The Tribunal upheld the principles of equity, natural justice, and fair play, ensuring that the Assessing Officer follows judicial precedents and provides a fair assessment. Case-Laws Income Tax Mon, 28 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270341