https://www.taxtmi.com/caselaws?id=342429 The Tribunal upheld the CIT(A)'s decision, allowing the set-off of brought forward business losses against Short Term Capital Gains under Section 72 of the Income Tax Act. Additionally, the Tribunal affirmed the allowance of expenses of professional fees, ROC, Audit fees, and Tax Audit fees against income from other sources. The Revenue's appeal was dismissed, and the decisions of the CIT(A) were upheld in both aspects of the case. en-us Wed, 26 Apr 2017 00:00:00 +0530 Thu, 04 May 2017 07:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342429 The Tribunal upheld the CIT(A)'s decision, allowing the set-off of brought forward business losses against Short Term Capital Gains under Section 72 of the Income Tax Act. Additionally, the Tribunal affirmed the allowance of expenses of professional fees, ROC, Audit fees, and Tax Audit fees against income from other sources. The Revenue's appeal was dismissed, and the decisions of the CIT(A) were upheld in both aspects of the case. Case-Laws Income Tax Wed, 26 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342429