https://www.taxtmi.com/caselaws?id=395700 The Tribunal ruled in favor of the assessee regarding the classification of income from capital gains as capital gains rather than business income. However, the Tribunal upheld the disallowance of expenses under Section 14A and disallowed certain business expenses, resulting in a partial allowance of the assessee's appeal. en-us Fri, 29 May 2020 00:00:00 +0530 Tue, 02 Jun 2020 13:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395700 The Tribunal ruled in favor of the assessee regarding the classification of income from capital gains as capital gains rather than business income. However, the Tribunal upheld the disallowance of expenses under Section 14A and disallowed certain business expenses, resulting in a partial allowance of the assessee's appeal. Case-Laws Income Tax Fri, 29 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395700