https://www.taxtmi.com/caselaws?id=379208 The Appellate Tribunal ITAT Kolkata ruled in favor of the assessee in addressing the disallowance under section 14A of the Income Tax Act and the long term capital loss issues. The Tribunal directed the Assessing Officer to reconsider the disallowance under section 14A, emphasizing the need for accurate documentation. Additionally, the Tribunal allowed the claimed long term capital loss of Rs. 2,74,282/- after verifying the acquisition dates of the shares. en-us Wed, 24 Apr 2019 00:00:00 +0530 Tue, 30 Apr 2019 08:03:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379208 The Appellate Tribunal ITAT Kolkata ruled in favor of the assessee in addressing the disallowance under section 14A of the Income Tax Act and the long term capital loss issues. The Tribunal directed the Assessing Officer to reconsider the disallowance under section 14A, emphasizing the need for accurate documentation. Additionally, the Tribunal allowed the claimed long term capital loss of Rs. 2,74,282/- after verifying the acquisition dates of the shares. Case-Laws Income Tax Wed, 24 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379208