https://www.taxtmi.com/caselaws?id=396796 The Tribunal allowed the assessee's appeals partly, directing the AO to re-examine issues related to LTCG and ensure compliance with principles on disallowance under Section 14A. The Tribunal emphasized the necessity of the AO recording satisfaction before making disallowances and acknowledged the sufficiency of interest-free funds to cover investments. The Tribunal upheld the assessee's contentions on these grounds. en-us Tue, 14 Jul 2020 00:00:00 +0530 Mon, 20 Jul 2020 13:22:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396796 The Tribunal allowed the assessee's appeals partly, directing the AO to re-examine issues related to LTCG and ensure compliance with principles on disallowance under Section 14A. The Tribunal emphasized the necessity of the AO recording satisfaction before making disallowances and acknowledged the sufficiency of interest-free funds to cover investments. The Tribunal upheld the assessee's contentions on these grounds. Case-Laws Income Tax Tue, 14 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396796