https://www.taxtmi.com/caselaws?id=208229 The tribunal allowed the appeal for the assessment year 2002-03 for statistical purposes and partly allowed the appeal for the assessment year 2003-04. The tribunal directed the Assessing Officer to reevaluate the genuineness of share transactions, disallowance of sundry balances written off, and treatment of interest income as business income. The tribunal upheld the treatment of business loss as speculation loss and directed the re-computation of interest under section 234B. en-us Fri, 19 Nov 2010 00:00:00 +0530 Mon, 09 Jan 2012 09:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208229 The tribunal allowed the appeal for the assessment year 2002-03 for statistical purposes and partly allowed the appeal for the assessment year 2003-04. The tribunal directed the Assessing Officer to reevaluate the genuineness of share transactions, disallowance of sundry balances written off, and treatment of interest income as business income. The tribunal upheld the treatment of business loss as speculation loss and directed the re-computation of interest under section 234B. Case-Laws Income Tax Fri, 19 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208229