https://www.taxtmi.com/caselaws?id=271559 The Tribunal dismissed the Revenue's appeal against the disallowance of interest charged under section 234B, citing the retrospective nature of the law amendment. The Tribunal upheld the CIT(A)'s decisions on the disallowance of deductions under sections 80HHC and 14A, as well as the treatment of derivative loss and application of Rule 8D, as the Revenue did not challenge these aspects. en-us Wed, 23 Dec 2015 00:00:00 +0530 Tue, 09 Feb 2016 10:23:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271559 The Tribunal dismissed the Revenue's appeal against the disallowance of interest charged under section 234B, citing the retrospective nature of the law amendment. The Tribunal upheld the CIT(A)'s decisions on the disallowance of deductions under sections 80HHC and 14A, as well as the treatment of derivative loss and application of Rule 8D, as the Revenue did not challenge these aspects. Case-Laws Income Tax Wed, 23 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271559