https://www.taxtmi.com/caselaws?id=390698 The Tribunal allowed the assessee's appeal regarding the confirmation of addition towards interest expenses, disallowance under Section 14A, disallowance of interest paid on loan, and disallowance of charges paid to NSE. The Tribunal upheld the CIT(A)'s decision regarding the calculation of tax liability under MAT and denial of rebate under Section 88E, denial of rebate under Section 88E on interest income, and disallowance under Section 40(a)(ia). Specific directions were provided for re-examination and verification of certain claims, resulting in a partial allowance of both the assessee's and the revenue's appeals. en-us Mon, 25 Nov 2019 00:00:00 +0530 Mon, 06 Jan 2020 10:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390698 The Tribunal allowed the assessee's appeal regarding the confirmation of addition towards interest expenses, disallowance under Section 14A, disallowance of interest paid on loan, and disallowance of charges paid to NSE. The Tribunal upheld the CIT(A)'s decision regarding the calculation of tax liability under MAT and denial of rebate under Section 88E, denial of rebate under Section 88E on interest income, and disallowance under Section 40(a)(ia). Specific directions were provided for re-examination and verification of certain claims, resulting in a partial allowance of both the assessee's and the revenue's appeals. Case-Laws Income Tax Mon, 25 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390698