https://www.taxtmi.com/caselaws?id=421306 The Tribunal dismissed all three appeals filed by the Assessing Officer for the assessment years 2012-13, 2016-17, and 2017-18. The Tribunal upheld the CIT(A)'s orders allowing the set off of capital gains against brought forward losses and restricting the disallowance under section 14A. The decisions were based on the lack of incriminating material found during searches and the low tax effect involved. en-us Tue, 19 Apr 2022 00:00:00 +0530 Thu, 21 Apr 2022 08:33:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421306 The Tribunal dismissed all three appeals filed by the Assessing Officer for the assessment years 2012-13, 2016-17, and 2017-18. The Tribunal upheld the CIT(A)'s orders allowing the set off of capital gains against brought forward losses and restricting the disallowance under section 14A. The decisions were based on the lack of incriminating material found during searches and the low tax effect involved. Case-Laws Income Tax Tue, 19 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421306