https://www.taxtmi.com/caselaws?id=341430 The Tribunal dismissed the Revenue's appeal and allowed the assessee's appeal in part. The AO was directed to delete disallowances under Section 14A exceeding Rs. 11.84 lakhs. The Tribunal ruled in favor of the assessee regarding the indexation benefit on the sale of shares of BSE Ltd. Additionally, the Tribunal upheld the deletion of additions on account of bad debts, depreciation on VSAT, Vanda loss, Mark to Market loss, and depreciation on customer rights. The order was pronounced on 31/03/2017. en-us Fri, 31 Mar 2017 00:00:00 +0530 Fri, 07 Apr 2017 11:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341430 The Tribunal dismissed the Revenue's appeal and allowed the assessee's appeal in part. The AO was directed to delete disallowances under Section 14A exceeding Rs. 11.84 lakhs. The Tribunal ruled in favor of the assessee regarding the indexation benefit on the sale of shares of BSE Ltd. Additionally, the Tribunal upheld the deletion of additions on account of bad debts, depreciation on VSAT, Vanda loss, Mark to Market loss, and depreciation on customer rights. The order was pronounced on 31/03/2017. Case-Laws Income Tax Fri, 31 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341430