https://www.taxtmi.com/caselaws?id=343234 The appeal was allowed in part, with the Tribunal directing the AO to restrict the disallowance under Section 14A to the exempt dividend income, treat the foreign currency forward contract loss as a business loss, and rework the short-term capital gain by allocating the interest expenditure for IPO funding. en-us Wed, 17 May 2017 00:00:00 +0530 Mon, 22 May 2017 14:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343234 The appeal was allowed in part, with the Tribunal directing the AO to restrict the disallowance under Section 14A to the exempt dividend income, treat the foreign currency forward contract loss as a business loss, and rework the short-term capital gain by allocating the interest expenditure for IPO funding. Case-Laws Income Tax Wed, 17 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343234