https://www.taxtmi.com/caselaws?id=217545 The ITAT partly allowed the appeal, upholding the CIT(A)'s decisions on the deletion of ALV addition and the disallowance of expenses due to consistency and lack of new evidence from the Revenue. However, regarding the set-off of speculation loss, the ITAT remanded the matter to the AO for further analysis to determine the eligibility under Section 43(5)(d). No additional grounds were raised, and the residuary ground was dismissed. en-us Fri, 05 Oct 2012 00:00:00 +0530 Mon, 15 Oct 2012 18:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217545 The ITAT partly allowed the appeal, upholding the CIT(A)'s decisions on the deletion of ALV addition and the disallowance of expenses due to consistency and lack of new evidence from the Revenue. However, regarding the set-off of speculation loss, the ITAT remanded the matter to the AO for further analysis to determine the eligibility under Section 43(5)(d). No additional grounds were raised, and the residuary ground was dismissed. Case-Laws Income Tax Fri, 05 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217545