https://www.taxtmi.com/caselaws?id=301070 The Tribunal dismissed the revenue's appeals and allowed the assessee's appeals, confirming the CIT(A)'s decisions on all issues. The Tribunal upheld the amortization of premium paid on investments and pre-operative expenses, excluded profit on sale of investments from taxable income, exempted dividend income under Section 10(34), deleted disallowances under Sections 14A and 40(a)(ia), and deemed expenditures on hard disks, RAM, and software as revenue. The Tribunal's decisions aligned with prior rulings and pertinent court judgments. en-us Fri, 20 Nov 2015 00:00:00 +0530 Fri, 11 Mar 2022 07:58:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301070 The Tribunal dismissed the revenue's appeals and allowed the assessee's appeals, confirming the CIT(A)'s decisions on all issues. The Tribunal upheld the amortization of premium paid on investments and pre-operative expenses, excluded profit on sale of investments from taxable income, exempted dividend income under Section 10(34), deleted disallowances under Sections 14A and 40(a)(ia), and deemed expenditures on hard disks, RAM, and software as revenue. The Tribunal's decisions aligned with prior rulings and pertinent court judgments. Case-Laws Income Tax Fri, 20 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301070