https://www.taxtmi.com/caselaws?id=177890 The appeal was filed against the denial of carrying forward short term capital loss and speculation loss for the assessment year 2008-09. The Assessing Officer initially denied the carry forward losses as they were not claimed in the original return. However, the ITAT directed the AO to reconsider the claim, emphasizing that the CIT(A) should have considered the issue on merit. The ITAT allowed the appeal in part for statistical purposes, noting that the charging of interest was consequential and did not require separate adjudication. en-us Wed, 10 Jul 2013 00:00:00 +0530 Wed, 01 Mar 2017 14:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177890 The appeal was filed against the denial of carrying forward short term capital loss and speculation loss for the assessment year 2008-09. The Assessing Officer initially denied the carry forward losses as they were not claimed in the original return. However, the ITAT directed the AO to reconsider the claim, emphasizing that the CIT(A) should have considered the issue on merit. The ITAT allowed the appeal in part for statistical purposes, noting that the charging of interest was consequential and did not require separate adjudication. Case-Laws Income Tax Wed, 10 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177890