https://www.taxtmi.com/caselaws?id=190836 The appeals filed by the assessee were partly allowed, and the appeals filed by the AO were dismissed. The Tribunal upheld the FAA's decisions on various issues, including the disallowance of bad debts, denial of set off of brought forward capital loss against short term capital gain, administrative expenses disallowed under section 14A, disallowance of club entrance and subscription fee, and disallowance of exemption claimed under section 54EC. The Tribunal provided reasoning based on relevant case laws and CBDT instructions. en-us Wed, 16 Mar 2016 00:00:00 +0530 Fri, 03 Mar 2017 16:56:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190836 The appeals filed by the assessee were partly allowed, and the appeals filed by the AO were dismissed. The Tribunal upheld the FAA's decisions on various issues, including the disallowance of bad debts, denial of set off of brought forward capital loss against short term capital gain, administrative expenses disallowed under section 14A, disallowance of club entrance and subscription fee, and disallowance of exemption claimed under section 54EC. The Tribunal provided reasoning based on relevant case laws and CBDT instructions. Case-Laws Income Tax Wed, 16 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190836