https://www.taxtmi.com/caselaws?id=200676 The court partly allowed ITA No. 2194/Mum/2009 for Assessment Year 2005-06, dismissed ITA No. 2452/Mum/2009 for the same year, allowed ITA No. 2193/Mum/2009 for Assessment Year 2006-07, and partly allowed ITA No. 2453/Mum/2009 for the same year. The disallowance under section 14A was upheld, the provision for "Mark-to-Market" on trading of derivative instruments was allowed, disallowance of V-SAT and Lease line charges was deleted, disallowance of transaction charges was deleted for 2005-06 but reversed for 2006-07, and the addition made on account of penalty payment to stock exchanges was deleted. en-us Wed, 28 Mar 2012 00:00:00 +0530 Tue, 25 Apr 2023 11:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200676 The court partly allowed ITA No. 2194/Mum/2009 for Assessment Year 2005-06, dismissed ITA No. 2452/Mum/2009 for the same year, allowed ITA No. 2193/Mum/2009 for Assessment Year 2006-07, and partly allowed ITA No. 2453/Mum/2009 for the same year. The disallowance under section 14A was upheld, the provision for "Mark-to-Market" on trading of derivative instruments was allowed, disallowance of V-SAT and Lease line charges was deleted, disallowance of transaction charges was deleted for 2005-06 but reversed for 2006-07, and the addition made on account of penalty payment to stock exchanges was deleted. Case-Laws Income Tax Wed, 28 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200676