https://www.taxtmi.com/caselaws?id=181401 The Tribunal allowed the appeal in part, deleting the addition of Rs. 5,57,50,000 made by the AO regarding share application money. The ground concerning treating business loss as speculation loss was dismissed as not pressed. The Tribunal directed the AO to recompute the interest under section 234B in line with the resolution of other issues. en-us Fri, 22 Jul 2011 00:00:00 +0530 Sat, 15 Apr 2023 12:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181401 The Tribunal allowed the appeal in part, deleting the addition of Rs. 5,57,50,000 made by the AO regarding share application money. The ground concerning treating business loss as speculation loss was dismissed as not pressed. The Tribunal directed the AO to recompute the interest under section 234B in line with the resolution of other issues. Case-Laws Income Tax Fri, 22 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181401