https://www.taxtmi.com/caselaws?id=186522 The appeal was admitted despite being filed late, with the Tribunal directing the income from share transactions to be assessed as "long term capital gain." Disallowance of salary and consultancy fees was overturned, and only 1% of dividend income was directed to be disallowed under section 14A. The Revenue's appeal was dismissed, while the assessee's Cross Objection was partly allowed, providing specific directions on expenses and classifications. en-us Mon, 27 Jul 2015 00:00:00 +0530 Wed, 21 Sep 2016 14:57:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186522 The appeal was admitted despite being filed late, with the Tribunal directing the income from share transactions to be assessed as "long term capital gain." Disallowance of salary and consultancy fees was overturned, and only 1% of dividend income was directed to be disallowed under section 14A. The Revenue's appeal was dismissed, while the assessee's Cross Objection was partly allowed, providing specific directions on expenses and classifications. Case-Laws Income Tax Mon, 27 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186522