https://www.taxtmi.com/caselaws?id=254000 The ITAT upheld the CIT(A)'s decisions, ruling in favor of the assessee in all issues. The additions made by the AO were deleted, and losses were treated as speculative. The appeals by the Revenue were dismissed, except for the partial allowance of depreciation on capital expenditure. en-us Fri, 28 Nov 2014 00:00:00 +0530 Tue, 09 Dec 2014 23:55:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254000 The ITAT upheld the CIT(A)'s decisions, ruling in favor of the assessee in all issues. The additions made by the AO were deleted, and losses were treated as speculative. The appeals by the Revenue were dismissed, except for the partial allowance of depreciation on capital expenditure. Case-Laws Income Tax Fri, 28 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254000