https://www.taxtmi.com/caselaws?id=325885 The Tribunal upheld the CIT(A)'s decisions on various issues including the interpretation of Section 14A and Rule 8D, disallowance under Section 14A while computing book profits under Section 115JB, disallowance under Section 36(1)(iii) for interest-free loans to subsidiaries, disallowance of contingent liability under Section 43(5)(d) for Marked to Market (MTM) losses, deletion of prior period expenses, and repair and maintenance expenses. The Tribunal dismissed both appeals by the revenue, affirming the CIT(A)'s decisions on all issues, citing legal precedents and the specific circumstances of the case. en-us Tue, 08 Mar 2016 00:00:00 +0530 Sat, 18 Jun 2016 10:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325885 The Tribunal upheld the CIT(A)'s decisions on various issues including the interpretation of Section 14A and Rule 8D, disallowance under Section 14A while computing book profits under Section 115JB, disallowance under Section 36(1)(iii) for interest-free loans to subsidiaries, disallowance of contingent liability under Section 43(5)(d) for Marked to Market (MTM) losses, deletion of prior period expenses, and repair and maintenance expenses. The Tribunal dismissed both appeals by the revenue, affirming the CIT(A)'s decisions on all issues, citing legal precedents and the specific circumstances of the case. Case-Laws Income Tax Tue, 08 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325885