https://www.taxtmi.com/caselaws?id=292226 The Tribunal partially allowed the Assessee's appeal and dismissed the Revenue's appeal, granting relief on the disallowance of deduction under Section 80IB(3)(ii) and affirming the treatment of gains as Short Term Capital Gains. It also directed that disallowance under Section 14A should not exceed exempt income and upheld the CIT(A)'s interpretation regarding the initial assessment year for deduction under Section 80IA(4). en-us Fri, 22 Sep 2017 00:00:00 +0530 Wed, 13 Nov 2024 12:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292226 The Tribunal partially allowed the Assessee's appeal and dismissed the Revenue's appeal, granting relief on the disallowance of deduction under Section 80IB(3)(ii) and affirming the treatment of gains as Short Term Capital Gains. It also directed that disallowance under Section 14A should not exceed exempt income and upheld the CIT(A)'s interpretation regarding the initial assessment year for deduction under Section 80IA(4). Case-Laws Income Tax Fri, 22 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292226