https://www.taxtmi.com/caselaws?id=309584 The court dismissed the appeal by the revenue due to low tax effect falling below the threshold limit set by the CBDT Circular for the assessment year. Consequently, substantial legal questions remained unresolved for future consideration. The decision was reached after a detailed analysis of legal arguments and case-specific facts regarding income from brokerage, classification of profit from share sales, disallowance of interest expenditure, and calculation of disallowance under relevant tax provisions. en-us Tue, 15 Feb 2022 00:00:00 +0530 Mon, 11 Sep 2023 22:38:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309584 The court dismissed the appeal by the revenue due to low tax effect falling below the threshold limit set by the CBDT Circular for the assessment year. Consequently, substantial legal questions remained unresolved for future consideration. The decision was reached after a detailed analysis of legal arguments and case-specific facts regarding income from brokerage, classification of profit from share sales, disallowance of interest expenditure, and calculation of disallowance under relevant tax provisions. Case-Laws Income Tax Tue, 15 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309584