https://www.taxtmi.com/caselaws?id=436969 The Tribunal partly allowed the revenue's appeal, confirming the Commissioner's order on various disallowances but restoring the issue of long-term capital gains for further examination by the Assessing Officer. The Tribunal upheld the deletion of additions related to closing stock, notional loss, and confirmed the expenditure for professional fees. The disallowance under section 14A was dismissed due to the absence of exempt income. The order was pronounced on April 21, 2023, in Chennai. en-us Fri, 21 Apr 2023 00:00:00 +0530 Mon, 24 Apr 2023 14:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436969 The Tribunal partly allowed the revenue's appeal, confirming the Commissioner's order on various disallowances but restoring the issue of long-term capital gains for further examination by the Assessing Officer. The Tribunal upheld the deletion of additions related to closing stock, notional loss, and confirmed the expenditure for professional fees. The disallowance under section 14A was dismissed due to the absence of exempt income. The order was pronounced on April 21, 2023, in Chennai. Case-Laws Income Tax Fri, 21 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436969