https://www.taxtmi.com/caselaws?id=72011 The Tribunal partly allowed the Revenue's appeal. It upheld the disallowance of the loss claimed from the subsidiary company and the disallowance of carrying forward the capital loss. However, it confirmed the deletion of disallowance of car and foreign traveling expenses by the CIT(A). en-us Fri, 23 Jan 2009 00:00:00 +0530 Sat, 18 Aug 2012 14:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=72011 The Tribunal partly allowed the Revenue's appeal. It upheld the disallowance of the loss claimed from the subsidiary company and the disallowance of carrying forward the capital loss. However, it confirmed the deletion of disallowance of car and foreign traveling expenses by the CIT(A). Case-Laws Income Tax Fri, 23 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=72011