https://www.taxtmi.com/caselaws?id=214756 The Tribunal allowed the appeals of the assessee for assessment years 1995-96 and 1996-97 regarding the disallowance of lease charges and claims for fall in market value of securities. The Tribunal upheld the lease charges and fall in market value of securities claims, directing the Assessing Officer to allow the lease charges and confirming the fall in market value of Government securities claim. For the assessment year 1996-97, the Tribunal allowed the claim on account of depreciation in market value of Government securities and the claim for loss in the sale of Government securities. en-us Fri, 25 May 2012 00:00:00 +0530 Sat, 14 Jul 2012 06:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214756 The Tribunal allowed the appeals of the assessee for assessment years 1995-96 and 1996-97 regarding the disallowance of lease charges and claims for fall in market value of securities. The Tribunal upheld the lease charges and fall in market value of securities claims, directing the Assessing Officer to allow the lease charges and confirming the fall in market value of Government securities claim. For the assessment year 1996-97, the Tribunal allowed the claim on account of depreciation in market value of Government securities and the claim for loss in the sale of Government securities. Case-Laws Income Tax Fri, 25 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214756