https://www.taxtmi.com/caselaws?id=426713 The ITAT Delhi dismissed the appeal challenging the reduction of book loss under Section 14A and Section 115JB, as well as the failure to increase book loss for debenture conversion expenses. The appellant's arguments were deemed academic and futile by the ITAT, leading to the rejection of the appeal. en-us Fri, 29 Jul 2022 00:00:00 +0530 Wed, 24 Aug 2022 08:48:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426713 The ITAT Delhi dismissed the appeal challenging the reduction of book loss under Section 14A and Section 115JB, as well as the failure to increase book loss for debenture conversion expenses. The appellant's arguments were deemed academic and futile by the ITAT, leading to the rejection of the appeal. Case-Laws Income Tax Fri, 29 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426713