https://www.taxtmi.com/caselaws?id=341316 The Tribunal allowed the appeals, quashing the assessments due to the absence of proper satisfaction under Section 153C, invalidating the jurisdiction for issuing the notice. Other issues, including disallowance of financial expenses, classification of trading transactions, financial expenses for speculative transactions, and charging of interest, were not adjudicated as the assessments were quashed on jurisdictional grounds. en-us Thu, 30 Mar 2017 00:00:00 +0530 Sun, 02 Apr 2017 11:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341316 The Tribunal allowed the appeals, quashing the assessments due to the absence of proper satisfaction under Section 153C, invalidating the jurisdiction for issuing the notice. Other issues, including disallowance of financial expenses, classification of trading transactions, financial expenses for speculative transactions, and charging of interest, were not adjudicated as the assessments were quashed on jurisdictional grounds. Case-Laws Income Tax Thu, 30 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341316