https://www.taxtmi.com/caselaws?id=181545 The Tribunal allowed the assessee's appeal in part by deleting the disallowance of depreciation on the Bombay Stock Exchange Membership Card and penalty paid to stock exchanges. The Tribunal dismissed the Revenue's appeal on the disallowance of SEBI fees, computation of rebate under section 88E of the Act, disallowance under section 14A of the Act, and deletion of notional loss on futures and options. The Tribunal's decision was based on various precedents and legal interpretations, resulting in a mixed outcome for both parties involved in the case. en-us Fri, 13 May 2011 00:00:00 +0530 Tue, 19 Apr 2016 17:14:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181545 The Tribunal allowed the assessee's appeal in part by deleting the disallowance of depreciation on the Bombay Stock Exchange Membership Card and penalty paid to stock exchanges. The Tribunal dismissed the Revenue's appeal on the disallowance of SEBI fees, computation of rebate under section 88E of the Act, disallowance under section 14A of the Act, and deletion of notional loss on futures and options. The Tribunal's decision was based on various precedents and legal interpretations, resulting in a mixed outcome for both parties involved in the case. Case-Laws Income Tax Fri, 13 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181545