https://www.taxtmi.com/caselaws?id=364908 The Tribunal allowed the assessee's appeal regarding the disallowance of service charges under Section 37(1) of the Income Tax Act, directing the Assessing Officer to allow the full amount claimed. However, the Tribunal dismissed the appeal concerning the enhancement of income by disallowing the loss claimed on the valuation of shares, upholding the Commissioner of Income Tax (Appeals)'s decision. The final order partially allowed the appeal for the assessment year 2002-03 and fully allowed the appeals for the assessment years 2003-04, 2004-05, and 2005-06 regarding the disallowance of service charges. en-us Fri, 03 Aug 2018 00:00:00 +0530 Mon, 06 Aug 2018 23:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364908 The Tribunal allowed the assessee's appeal regarding the disallowance of service charges under Section 37(1) of the Income Tax Act, directing the Assessing Officer to allow the full amount claimed. However, the Tribunal dismissed the appeal concerning the enhancement of income by disallowing the loss claimed on the valuation of shares, upholding the Commissioner of Income Tax (Appeals)'s decision. The final order partially allowed the appeal for the assessment year 2002-03 and fully allowed the appeals for the assessment years 2003-04, 2004-05, and 2005-06 regarding the disallowance of service charges. Case-Laws Income Tax Fri, 03 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364908