https://www.taxtmi.com/caselaws?id=381916 The Tribunal partly allowed the appeal of the Revenue and the assessee. The case concerning the amortization of premium paid for securities was remanded to the AO for further assessment. The Tribunal upheld the non-applicability of Section 115JB to banking companies and the deletion of disallowance under Section 14A. Additionally, the Tribunal modified the CIT(A)'s decision on income from house property and eliminated the disallowance under Section 36(1)(viii). en-us Wed, 19 Jun 2019 00:00:00 +0530 Thu, 20 Jun 2019 17:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381916 The Tribunal partly allowed the appeal of the Revenue and the assessee. The case concerning the amortization of premium paid for securities was remanded to the AO for further assessment. The Tribunal upheld the non-applicability of Section 115JB to banking companies and the deletion of disallowance under Section 14A. Additionally, the Tribunal modified the CIT(A)'s decision on income from house property and eliminated the disallowance under Section 36(1)(viii). Case-Laws Income Tax Wed, 19 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381916