https://www.taxtmi.com/caselaws?id=788036 Reversal of unexpired risk reserve previously disallowed is deductible if proviso conditions of Rule 6E are met; the tribunal directed AO verification and compliance, allowing the reversal. Long-term gains on listed equity held over twelve months qualify for exemption under section 10(38) and sale proceeds characterized as capital gains as per the assessee's election and coordinate-bench precedents. Rent equalisation paid in excess of book charge is allowable as a timing-difference. Interest under sections 234A/234B/234D requires factual verification and recomputation. Multiple revenue disallowances (IBNR/IBNER, reinsurance to non-residents, late TDS, leave encashment, depreciation, specified exemptions, co-insurance fees) were disallowed by the tribunal following binding precedents. en-us Thu, 05 Mar 2026 00:00:00 +0530 Mon, 16 Mar 2026 08:42:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788036 Reversal of unexpired risk reserve previously disallowed is deductible if proviso conditions of Rule 6E are met; the tribunal directed AO verification and compliance, allowing the reversal. Long-term gains on listed equity held over twelve months qualify for exemption under section 10(38) and sale proceeds characterized as capital gains as per the assessee's election and coordinate-bench precedents. Rent equalisation paid in excess of book charge is allowable as a timing-difference. Interest under sections 234A/234B/234D requires factual verification and recomputation. Multiple revenue disallowances (IBNR/IBNER, reinsurance to non-residents, late TDS, leave encashment, depreciation, specified exemptions, co-insurance fees) were disallowed by the tribunal following binding precedents. Case-Laws Income Tax Thu, 05 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788036