https://www.taxtmi.com/caselaws?id=336433 The Tribunal allowed the appeal for statistical purposes, directing the deletion of disallowed speculation business expenses and the carry forward of long-term capital loss on unquoted equity shares. The issue of interest disallowance was remanded to the AO for further examination. Similarly, the disallowance under Section 14A and Section 94(7) was also sent back to the AO for fresh assessment based on the evidence presented by the assessee. The Tribunal stressed the importance of a comprehensive and just evaluation process, ensuring the assessee's right to a fair hearing. en-us Wed, 14 Dec 2016 00:00:00 +0530 Wed, 21 Dec 2016 11:54:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336433 The Tribunal allowed the appeal for statistical purposes, directing the deletion of disallowed speculation business expenses and the carry forward of long-term capital loss on unquoted equity shares. The issue of interest disallowance was remanded to the AO for further examination. Similarly, the disallowance under Section 14A and Section 94(7) was also sent back to the AO for fresh assessment based on the evidence presented by the assessee. The Tribunal stressed the importance of a comprehensive and just evaluation process, ensuring the assessee's right to a fair hearing. Case-Laws Income Tax Wed, 14 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336433