https://www.taxtmi.com/caselaws?id=63132 The ITAT allowed the assessee's appeal regarding the disallowed loss related to Khal Binola transactions, emphasizing the evidence presented. The case was remanded for a fresh hearing on the disallowance under section 37 (3A) and section 80-G, as the CIT did not provide findings on these issues. The ITAT upheld the deletion of the addition made by the ITO on the valuation of silver, stating that the increase in market value did not constitute income for the assessee. The Revenue's appeal on this matter was dismissed, affirming the CIT's decision. en-us Thu, 09 Jan 1986 00:00:00 +0530 Thu, 27 Jan 2011 19:10:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63132 The ITAT allowed the assessee's appeal regarding the disallowed loss related to Khal Binola transactions, emphasizing the evidence presented. The case was remanded for a fresh hearing on the disallowance under section 37 (3A) and section 80-G, as the CIT did not provide findings on these issues. The ITAT upheld the deletion of the addition made by the ITO on the valuation of silver, stating that the increase in market value did not constitute income for the assessee. The Revenue's appeal on this matter was dismissed, affirming the CIT's decision. Case-Laws Income Tax Thu, 09 Jan 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63132