https://www.taxtmi.com/caselaws?id=332381 The Tribunal allowed the assessee's appeal, setting aside the disallowance under Section 14A and remanding it to the Assessing Officer for fresh adjudication. Additionally, the Tribunal ruled that the surplus from the sale of rights should be treated as capital gains, not business income. The decision was pronounced on 05/08/2016. en-us Fri, 05 Aug 2016 00:00:00 +0530 Fri, 16 Sep 2016 11:35:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332381 The Tribunal allowed the assessee's appeal, setting aside the disallowance under Section 14A and remanding it to the Assessing Officer for fresh adjudication. Additionally, the Tribunal ruled that the surplus from the sale of rights should be treated as capital gains, not business income. The decision was pronounced on 05/08/2016. Case-Laws Income Tax Fri, 05 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332381