https://www.taxtmi.com/caselaws?id=244242 The Tribunal held that the notice under section 263 was not justified, and the MTM losses claimed by the assessee were allowable as business deductions. The appeal of the assessee was allowed, and the order of the Commissioner of Income Tax was quashed. en-us Wed, 20 Nov 2013 00:00:00 +0530 Fri, 21 Feb 2014 10:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244242 The Tribunal held that the notice under section 263 was not justified, and the MTM losses claimed by the assessee were allowable as business deductions. The appeal of the assessee was allowed, and the order of the Commissioner of Income Tax was quashed. Case-Laws Income Tax Wed, 20 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244242