https://www.taxtmi.com/caselaws?id=361016 The Tribunal allowed the appeal of the assessee, deleting the disallowances and additions made by the Assessing Officer (AO) on all grounds except for directing the AO to verify and provide the rebate under Section 88E as per law. The Tribunal held that the transactions in the Future and Option (F&O) segment were not bogus despite the broker's blacklisting, salaries paid were justified, consultancy charges were legitimate, and the rebate claimed under Section 88E should be provided after verification. en-us Wed, 23 May 2018 00:00:00 +0530 Mon, 28 May 2018 08:42:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361016 The Tribunal allowed the appeal of the assessee, deleting the disallowances and additions made by the Assessing Officer (AO) on all grounds except for directing the AO to verify and provide the rebate under Section 88E as per law. The Tribunal held that the transactions in the Future and Option (F&O) segment were not bogus despite the broker's blacklisting, salaries paid were justified, consultancy charges were legitimate, and the rebate claimed under Section 88E should be provided after verification. Case-Laws Income Tax Wed, 23 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361016