https://www.taxtmi.com/caselaws?id=210082 The Tribunal partly allowed the appellant's appeal, setting aside disallowances for re-examination by the Assessing Officer. The disallowance of losses in share trading transactions was sent back due to lack of individual details examination. The disallowance of interest liability was overturned as the bank indicated a crystallized liability. The disallowance of carried forward long term capital loss was remanded for proper assessment. The judgments emphasized the importance of thorough examination of facts and adherence to legal principles in determining tax liabilities. en-us Wed, 11 May 2011 00:00:00 +0530 Fri, 30 Nov 2012 13:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210082 The Tribunal partly allowed the appellant's appeal, setting aside disallowances for re-examination by the Assessing Officer. The disallowance of losses in share trading transactions was sent back due to lack of individual details examination. The disallowance of interest liability was overturned as the bank indicated a crystallized liability. The disallowance of carried forward long term capital loss was remanded for proper assessment. The judgments emphasized the importance of thorough examination of facts and adherence to legal principles in determining tax liabilities. Case-Laws Income Tax Wed, 11 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210082