https://www.taxtmi.com/caselaws?id=292453 The Tribunal partially allowed the appeal of the assessee, directing the Assessing Officer to reconsider the disallowance under section 14A of the Income Tax Act for strategic investments, overturning the disallowance of upfront brokerage fees due to a legitimate change in accounting policy, and allowing office renovation expenses as genuine business expenses or capital expenditure eligible for depreciation. The grounds were remanded for fresh adjudication in light of relevant judicial precedents. en-us Fri, 20 Feb 2015 00:00:00 +0530 Fri, 25 Dec 2020 09:34:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292453 The Tribunal partially allowed the appeal of the assessee, directing the Assessing Officer to reconsider the disallowance under section 14A of the Income Tax Act for strategic investments, overturning the disallowance of upfront brokerage fees due to a legitimate change in accounting policy, and allowing office renovation expenses as genuine business expenses or capital expenditure eligible for depreciation. The grounds were remanded for fresh adjudication in light of relevant judicial precedents. Case-Laws Income Tax Fri, 20 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292453