https://www.taxtmi.com/caselaws?id=151678 The Tribunal upheld the classification of income from money lending as business income, allowed miscellaneous expenditure, and determined income from IFCI Bonds in favor of the assessee. However, the disallowance of long-term capital loss on shares was remanded back to the Assessing Officer for further examination. The Tribunal dismissed the Department's appeal and allowed the assessee's appeal for statistical purposes. en-us Wed, 30 Dec 2009 00:00:00 +0530 Tue, 11 Jun 2013 18:38:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151678 The Tribunal upheld the classification of income from money lending as business income, allowed miscellaneous expenditure, and determined income from IFCI Bonds in favor of the assessee. However, the disallowance of long-term capital loss on shares was remanded back to the Assessing Officer for further examination. The Tribunal dismissed the Department's appeal and allowed the assessee's appeal for statistical purposes. Case-Laws Income Tax Wed, 30 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151678