https://www.taxtmi.com/caselaws?id=325917 The ITAT Pune dismissed all three appeals filed by the Revenue, upholding the CIT(A)'s decisions regarding the classification of gains/loss from Portfolio Management Services (PMS) transactions as capital gains and the deletion of expenses disallowed under section 14A of the Income Tax Act. The judgments were based on previous Tribunal decisions and lack of contrary evidence presented by the Revenue. en-us Fri, 12 Feb 2016 00:00:00 +0530 Fri, 01 Apr 2016 11:09:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325917 The ITAT Pune dismissed all three appeals filed by the Revenue, upholding the CIT(A)'s decisions regarding the classification of gains/loss from Portfolio Management Services (PMS) transactions as capital gains and the deletion of expenses disallowed under section 14A of the Income Tax Act. The judgments were based on previous Tribunal decisions and lack of contrary evidence presented by the Revenue. Case-Laws Income Tax Fri, 12 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325917