https://www.taxtmi.com/caselaws?id=219239 The Tribunal partially allowed the appeal, confirming the disallowance of brokerage charges and the mandatory nature of interest under sections 234B and 234C of the Income Tax Act. However, the Tribunal allowed the business loss claimed by the assessee and directed the recomputation of capital gains based on the valuation provided by the District Valuation Officer, rejecting the arbitrary increase made by the Assessing Officer. en-us Fri, 02 Nov 2012 00:00:00 +0530 Sun, 09 Dec 2012 19:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219239 The Tribunal partially allowed the appeal, confirming the disallowance of brokerage charges and the mandatory nature of interest under sections 234B and 234C of the Income Tax Act. However, the Tribunal allowed the business loss claimed by the assessee and directed the recomputation of capital gains based on the valuation provided by the District Valuation Officer, rejecting the arbitrary increase made by the Assessing Officer. Case-Laws Income Tax Fri, 02 Nov 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219239