https://www.taxtmi.com/caselaws?id=67545 The Tribunal dismissed the appeals filed by the assessee for all three assessment years. It upheld the disallowance of loss claims on the revaluation of securities, citing that the securities were investments and not stock-in-trade. Additionally, the disallowances under sections 37(3A) and 80VV of the Act were upheld, with the Tribunal finding the actions of the Assessing Officer and CIT(A) reasonable and justified. en-us Wed, 07 Jan 1998 00:00:00 +0530 Fri, 11 Mar 2011 12:05:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67545 The Tribunal dismissed the appeals filed by the assessee for all three assessment years. It upheld the disallowance of loss claims on the revaluation of securities, citing that the securities were investments and not stock-in-trade. Additionally, the disallowances under sections 37(3A) and 80VV of the Act were upheld, with the Tribunal finding the actions of the Assessing Officer and CIT(A) reasonable and justified. Case-Laws Income Tax Wed, 07 Jan 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67545