https://www.taxtmi.com/caselaws?id=373524 The Tribunal's order addressed various tax issues, including disallowance of expenditure under Section 14A, transfer of funds to reserves, depreciation on investments, contributions to pension fund, and deductions under different sections. The Tribunal largely upheld the CIT(A)'s decisions in favor of the assessee, citing precedents and legal guidelines. Specific directions were given for verification of profit on sale of NPAs and submission of correct computations for deductions. Overall, the Tribunal's rulings were consistent with established precedents and legal principles. en-us Wed, 09 Jan 2019 00:00:00 +0530 Thu, 28 Feb 2019 10:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373524 The Tribunal's order addressed various tax issues, including disallowance of expenditure under Section 14A, transfer of funds to reserves, depreciation on investments, contributions to pension fund, and deductions under different sections. The Tribunal largely upheld the CIT(A)'s decisions in favor of the assessee, citing precedents and legal guidelines. Specific directions were given for verification of profit on sale of NPAs and submission of correct computations for deductions. Overall, the Tribunal's rulings were consistent with established precedents and legal principles. Case-Laws Income Tax Wed, 09 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373524