https://www.taxtmi.com/caselaws?id=191215 The Tribunal dismissed the Revenue's appeals, confirming that the profit on the sale of investments was not taxable for the insurance company for assessment years 2005-06 and 2006-07. Additionally, the disallowance under Section 14A for A.Y. 2006-07 was reduced to 1% of the exempt income. The Tribunal's decision was issued on 03.02.2016. en-us Wed, 03 Feb 2016 00:00:00 +0530 Sat, 25 Mar 2017 10:06:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191215 The Tribunal dismissed the Revenue's appeals, confirming that the profit on the sale of investments was not taxable for the insurance company for assessment years 2005-06 and 2006-07. Additionally, the disallowance under Section 14A for A.Y. 2006-07 was reduced to 1% of the exempt income. The Tribunal's decision was issued on 03.02.2016. Case-Laws Income Tax Wed, 03 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191215