https://www.taxtmi.com/caselaws?id=194677 The Tribunal allowed the appeal of the assessee for statistical purposes, directing reconsideration of disallowed staff welfare expenses and reduced disallowance under Section 14A. The disallowance of commission to non-whole time directors was overturned in favor of the assessee. The treatment of receipt from Elel Hotel as Long Term Capital Gain was upheld. The disallowance of deduction under Section 80IA for captive power was allowed, with a directive to reassess market value in line with court decisions. en-us Wed, 22 Mar 2017 00:00:00 +0530 Tue, 19 Sep 2017 10:22:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194677 The Tribunal allowed the appeal of the assessee for statistical purposes, directing reconsideration of disallowed staff welfare expenses and reduced disallowance under Section 14A. The disallowance of commission to non-whole time directors was overturned in favor of the assessee. The treatment of receipt from Elel Hotel as Long Term Capital Gain was upheld. The disallowance of deduction under Section 80IA for captive power was allowed, with a directive to reassess market value in line with court decisions. Case-Laws Income Tax Wed, 22 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194677