https://www.taxtmi.com/caselaws?id=356507 The Tribunal partly allowed the assessee's appeals for AY 2005-06 to 2007-08, directing adjustments and verification of certain claims. The revenue's appeal for AY 2006-07 was allowed for statistical purposes, with instructions for factual verification by the AO. The Tribunal stressed consistency and fairness in tax treatment across various assessment years, providing relief on issues such as treatment of gains on sale of equity shares and mutual funds, double taxation of gain on securitization, disallowance of interest expenditure, disallowance under section 40(a)(ia), and allowance of depreciation on motor cars given under finance lease. en-us Wed, 24 Jan 2018 00:00:00 +0530 Wed, 07 Mar 2018 08:02:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356507 The Tribunal partly allowed the assessee's appeals for AY 2005-06 to 2007-08, directing adjustments and verification of certain claims. The revenue's appeal for AY 2006-07 was allowed for statistical purposes, with instructions for factual verification by the AO. The Tribunal stressed consistency and fairness in tax treatment across various assessment years, providing relief on issues such as treatment of gains on sale of equity shares and mutual funds, double taxation of gain on securitization, disallowance of interest expenditure, disallowance under section 40(a)(ia), and allowance of depreciation on motor cars given under finance lease. Case-Laws Income Tax Wed, 24 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356507