https://www.taxtmi.com/caselaws?id=327489 The Tribunal upheld the CIT(A)'s decision to treat the income from the sale of shares as Short Term Capital Gain and delete the disallowance under Section 14A read with Rule 8D. The Tribunal emphasized the importance of consistent treatment of transactions and the necessity for proper examination and calculation when making disallowances. en-us Mon, 04 Apr 2016 00:00:00 +0530 Thu, 12 May 2016 01:21:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327489 The Tribunal upheld the CIT(A)'s decision to treat the income from the sale of shares as Short Term Capital Gain and delete the disallowance under Section 14A read with Rule 8D. The Tribunal emphasized the importance of consistent treatment of transactions and the necessity for proper examination and calculation when making disallowances. Case-Laws Income Tax Mon, 04 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327489