https://www.taxtmi.com/caselaws?id=121023 Oral pronouncement did not prevent the Tribunal from re-fixing the appeal for fresh hearing, because a written, signed and dated order is required before communication and the party was heard again. On the tax issue, share trading loss was treated as speculation loss under Explanation to section 73 because the gross total income test must be applied by comparing the absolute figures of the relevant components, not by ignoring business loss as a negative figure. The exception in the Explanation was therefore unavailable, and the assessment view was sustained. en-us Fri, 10 Aug 2007 00:00:00 +0530 Thu, 26 Jul 2012 11:05:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121023 Oral pronouncement did not prevent the Tribunal from re-fixing the appeal for fresh hearing, because a written, signed and dated order is required before communication and the party was heard again. On the tax issue, share trading loss was treated as speculation loss under Explanation to section 73 because the gross total income test must be applied by comparing the absolute figures of the relevant components, not by ignoring business loss as a negative figure. The exception in the Explanation was therefore unavailable, and the assessment view was sustained. Case-Laws Income Tax Fri, 10 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121023