https://www.taxtmi.com/caselaws?id=333963 The Tribunal dismissed the Revenue's appeal, upholding the deletion of speculation loss and treatment of transactions as not speculative. Disallowances under Section 14A and Section 40(a)(ia) were upheld, except for club membership fees and catering charges, where the Tribunal allowed the assessee's claims. en-us Wed, 10 Aug 2016 00:00:00 +0530 Sat, 29 Oct 2016 11:15:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333963 The Tribunal dismissed the Revenue's appeal, upholding the deletion of speculation loss and treatment of transactions as not speculative. Disallowances under Section 14A and Section 40(a)(ia) were upheld, except for club membership fees and catering charges, where the Tribunal allowed the assessee's claims. Case-Laws Income Tax Wed, 10 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333963