https://www.taxtmi.com/caselaws?id=181609 The appeal of the assessee was allowed for statistical purposes, and the appeal of the revenue was dismissed. The court allowed depreciation on the BSE Membership card, directed deletion of disallowed transaction charges paid to the stock exchange, remitted the matter back for computation of disallowance under section 14A, confirmed the deduction for payment to a Gratuity Trust, allowed club membership charges and penalty payment, deleted disallowed VSAT and leaseline charges, and confirmed the deduction for interest paid to SEBI. en-us Fri, 19 Nov 2010 00:00:00 +0530 Wed, 20 Apr 2016 17:07:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181609 The appeal of the assessee was allowed for statistical purposes, and the appeal of the revenue was dismissed. The court allowed depreciation on the BSE Membership card, directed deletion of disallowed transaction charges paid to the stock exchange, remitted the matter back for computation of disallowance under section 14A, confirmed the deduction for payment to a Gratuity Trust, allowed club membership charges and penalty payment, deleted disallowed VSAT and leaseline charges, and confirmed the deduction for interest paid to SEBI. Case-Laws Income Tax Fri, 19 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181609