https://www.taxtmi.com/caselaws?id=179474 The Tribunal allowed the assessee's appeal in I.T.A. No. 1610/Mum/2007, directing the AO to rectify the disallowance of short-term capital loss due to transactions with RSPL. Additionally, the Tribunal allowed the appeal regarding the disallowance of loss on mutual fund units, citing precedent. However, the appeal on the reopening of assessment was dismissed as not pressed. The Tribunal ruled in favor of the assessee regarding the addition of unexplained cash credit from transactions with Gold Star Finvest but upheld the disallowance of deduction for legal fees. I.T.A. No. 1610/Mum/2007 was allowed, while I.T.A. No. 7100/Mum/2008 was partly allowed. en-us Fri, 14 May 2010 00:00:00 +0530 Wed, 02 Mar 2016 17:57:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179474 The Tribunal allowed the assessee's appeal in I.T.A. No. 1610/Mum/2007, directing the AO to rectify the disallowance of short-term capital loss due to transactions with RSPL. Additionally, the Tribunal allowed the appeal regarding the disallowance of loss on mutual fund units, citing precedent. However, the appeal on the reopening of assessment was dismissed as not pressed. The Tribunal ruled in favor of the assessee regarding the addition of unexplained cash credit from transactions with Gold Star Finvest but upheld the disallowance of deduction for legal fees. I.T.A. No. 1610/Mum/2007 was allowed, while I.T.A. No. 7100/Mum/2008 was partly allowed. Case-Laws Income Tax Fri, 14 May 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179474