https://www.taxtmi.com/caselaws?id=372290 The Tribunal partly allowed the revenue's appeals and the assessee's appeal for AY 2008-09, upholding the CIT(A)'s decisions with modifications to the disallowance rates for expenses related to exempt income. The Tribunal emphasized the importance of consistent treatment of income from share transactions and the proper application of Rule 8D and Section 14A based on the availability of own funds and the nature of expenses. en-us Wed, 14 Nov 2018 00:00:00 +0530 Thu, 20 Dec 2018 08:17:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372290 The Tribunal partly allowed the revenue's appeals and the assessee's appeal for AY 2008-09, upholding the CIT(A)'s decisions with modifications to the disallowance rates for expenses related to exempt income. The Tribunal emphasized the importance of consistent treatment of income from share transactions and the proper application of Rule 8D and Section 14A based on the availability of own funds and the nature of expenses. Case-Laws Income Tax Wed, 14 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372290