https://www.taxtmi.com/caselaws?id=355247 The Tribunal upheld the disallowance of Rs. 4,50,000 under 'brokerage and other expenses' and confirmed the disallowance of Rs. 40,00,000 towards the claim of exemption under section 54EC of the Income Tax Act. The decision emphasized the importance of providing concrete evidence for expense claims and complying strictly with statutory conditions for tax exemptions. en-us Fri, 09 Feb 2018 00:00:00 +0530 Mon, 12 Feb 2018 07:32:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355247 The Tribunal upheld the disallowance of Rs. 4,50,000 under 'brokerage and other expenses' and confirmed the disallowance of Rs. 40,00,000 towards the claim of exemption under section 54EC of the Income Tax Act. The decision emphasized the importance of providing concrete evidence for expense claims and complying strictly with statutory conditions for tax exemptions. Case-Laws Income Tax Fri, 09 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355247