https://www.taxtmi.com/caselaws?id=301937 Earlier Tribunal and co-ordinate bench decisions on identical insurance-company facts were followed to support allowance of deduction on gains from sale of investments and exemption under section 10(15), with the same treatment applied to the assessee. The Tribunal also applied its prior order in the assessee's own case to reject disallowance under section 14A for the relevant year. Interest under sections 234B and 234D was treated as mandatory and consequential, so the levy was sustained once statutory conditions were met. en-us Thu, 12 Feb 2015 00:00:00 +0530 Wed, 27 Apr 2022 21:34:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301937 Earlier Tribunal and co-ordinate bench decisions on identical insurance-company facts were followed to support allowance of deduction on gains from sale of investments and exemption under section 10(15), with the same treatment applied to the assessee. The Tribunal also applied its prior order in the assessee's own case to reject disallowance under section 14A for the relevant year. Interest under sections 234B and 234D was treated as mandatory and consequential, so the levy was sustained once statutory conditions were met. Case-Laws Income Tax Thu, 12 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301937