https://www.taxtmi.com/caselaws?id=286931 The Tribunal partly allowed the assessee's appeals and dismissed the Revenue's appeals. The decisions were based on precedents and consistent application of legal principles. Notable outcomes include the allowance of valuation of HTM securities at cost or market value, disallowance under Section 14A for shares held as stock-in-trade, and deletion of notional interest on NPAs. Additionally, deductions under various sections were restricted or allowed based on provisions made in the books of accounts. The Tribunal's decisions were in line with previous rulings and provided clarity on the tax treatment of different expenses and incomes. en-us Thu, 27 Jun 2019 00:00:00 +0530 Sat, 21 Mar 2020 08:54:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286931 The Tribunal partly allowed the assessee's appeals and dismissed the Revenue's appeals. The decisions were based on precedents and consistent application of legal principles. Notable outcomes include the allowance of valuation of HTM securities at cost or market value, disallowance under Section 14A for shares held as stock-in-trade, and deletion of notional interest on NPAs. Additionally, deductions under various sections were restricted or allowed based on provisions made in the books of accounts. The Tribunal's decisions were in line with previous rulings and provided clarity on the tax treatment of different expenses and incomes. Case-Laws Income Tax Thu, 27 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286931