https://www.taxtmi.com/caselaws?id=263241 The Tribunal upheld the CIT(A)'s decisions on all issues, dismissing the Revenue's appeal. The Tribunal directed the Assessing Officer to allow the set off of losses against gains, including speculative losses, and confirmed that the claim of rebate under Section 88E is allowable from business income, whether speculative or not. The cross-objection of the assessee was dismissed as not pressed. en-us Fri, 07 Aug 2015 00:00:00 +0530 Tue, 11 Aug 2015 11:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263241 The Tribunal upheld the CIT(A)'s decisions on all issues, dismissing the Revenue's appeal. The Tribunal directed the Assessing Officer to allow the set off of losses against gains, including speculative losses, and confirmed that the claim of rebate under Section 88E is allowable from business income, whether speculative or not. The cross-objection of the assessee was dismissed as not pressed. Case-Laws Income Tax Fri, 07 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263241