https://www.taxtmi.com/caselaws?id=350105 The ITAT partly allowed the assessee's appeal for AY 2007-08 and AY 2008-09, deleting disallowances related to client assistance charges, reimbursement expenses, bad debts, client introduction fees, penalties paid to Stock Exchange, and transaction charges under Section 40(a)(ia). The ITAT restricted the disallowance under Section 14A to 2% of total exempt income. The revenue's appeal for both years was dismissed. The order was pronounced on 15/09/2017. en-us Fri, 15 Sep 2017 00:00:00 +0530 Mon, 30 Oct 2017 18:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350105 The ITAT partly allowed the assessee's appeal for AY 2007-08 and AY 2008-09, deleting disallowances related to client assistance charges, reimbursement expenses, bad debts, client introduction fees, penalties paid to Stock Exchange, and transaction charges under Section 40(a)(ia). The ITAT restricted the disallowance under Section 14A to 2% of total exempt income. The revenue's appeal for both years was dismissed. The order was pronounced on 15/09/2017. Case-Laws Income Tax Fri, 15 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350105