https://www.taxtmi.com/caselaws?id=330532 The Tribunal allowed the appeal, directing the surrendered stock to be assessed as 'profit and gains of business' and deleting the addition of Rs. 64,41,401. The disallowance under Section 14A with Rule 8D was also deleted due to no exempt income earned. The decision was rendered on 14th June, 2016. en-us Tue, 14 Jun 2016 00:00:00 +0530 Thu, 28 Jul 2016 17:23:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330532 The Tribunal allowed the appeal, directing the surrendered stock to be assessed as 'profit and gains of business' and deleting the addition of Rs. 64,41,401. The disallowance under Section 14A with Rule 8D was also deleted due to no exempt income earned. The decision was rendered on 14th June, 2016. Case-Laws Income Tax Tue, 14 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330532