https://www.taxtmi.com/caselaws?id=289182 The Tribunal allowed the appeal filed by the assessee, setting aside the order of the ld. CIT(A) and directing the Assessing Officer to allow the deduction claimed by the assessee. The decision was based on a previous judgment in a similar case for the assessment year 2012-13, where it was held that expenses incurred by the assessee for earning income during the relevant assessment year should be allowed as deduction since the assessee was engaged solely in financial services. The delay in filing the appeal was condoned, and the appeal was admitted for adjudication. en-us Fri, 07 Jun 2019 00:00:00 +0530 Sat, 18 Jul 2020 11:27:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289182 The Tribunal allowed the appeal filed by the assessee, setting aside the order of the ld. CIT(A) and directing the Assessing Officer to allow the deduction claimed by the assessee. The decision was based on a previous judgment in a similar case for the assessment year 2012-13, where it was held that expenses incurred by the assessee for earning income during the relevant assessment year should be allowed as deduction since the assessee was engaged solely in financial services. The delay in filing the appeal was condoned, and the appeal was admitted for adjudication. Case-Laws Income Tax Fri, 07 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289182