https://www.taxtmi.com/caselaws?id=328237 The Tribunal dismissed the AO's appeals and allowed the assessee's appeals for both assessment years. It confirmed the deletion of disallowances under Sections 36(1)(iii) and 37(1), reversed the disallowance under Section 14A, and ruled against treating valuation loss as speculation loss under Section 73. en-us Wed, 25 May 2016 00:00:00 +0530 Mon, 30 May 2016 16:56:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328237 The Tribunal dismissed the AO's appeals and allowed the assessee's appeals for both assessment years. It confirmed the deletion of disallowances under Sections 36(1)(iii) and 37(1), reversed the disallowance under Section 14A, and ruled against treating valuation loss as speculation loss under Section 73. Case-Laws Income Tax Wed, 25 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328237