https://www.taxtmi.com/caselaws?id=181259 The appeal was dismissed as the Tribunal found that the income was not offered for taxation, resulting in a reduction in carry forward of unabsorbed speculation loss. The Tribunal differentiated the facts from previous judgments and held that the appellant failed to provide a bona fide explanation for the oversight in not adding the amount to the income. Consequently, the appeal was dismissed on 20th Oct., 2011. en-us Thu, 20 Oct 2011 00:00:00 +0530 Fri, 22 Sep 2017 10:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181259 The appeal was dismissed as the Tribunal found that the income was not offered for taxation, resulting in a reduction in carry forward of unabsorbed speculation loss. The Tribunal differentiated the facts from previous judgments and held that the appellant failed to provide a bona fide explanation for the oversight in not adding the amount to the income. Consequently, the appeal was dismissed on 20th Oct., 2011. Case-Laws Income Tax Thu, 20 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181259