https://www.taxtmi.com/caselaws?id=251899 The Tribunal partly allowed the appeal, remanding the issue of the legitimacy of trading activity and the claimed loss back to the Assessing Officer for fresh adjudication. The disallowance of the donation beyond Rs. 5,214 to a political party was upheld. The Tribunal criticized the lack of vital evidence considered by the Assessing Officer and ordered a reevaluation to ensure compliance with principles of natural justice. en-us Mon, 05 May 2014 00:00:00 +0530 Sat, 04 Oct 2014 07:49:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251899 The Tribunal partly allowed the appeal, remanding the issue of the legitimacy of trading activity and the claimed loss back to the Assessing Officer for fresh adjudication. The disallowance of the donation beyond Rs. 5,214 to a political party was upheld. The Tribunal criticized the lack of vital evidence considered by the Assessing Officer and ordered a reevaluation to ensure compliance with principles of natural justice. Case-Laws Income Tax Mon, 05 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251899