https://www.taxtmi.com/caselaws?id=348841 The ITAT partly allowed the Revenue's appeal regarding the weighted deduction issue for statistical purposes but rejected it concerning the derivative loss disallowance. The judgment emphasized the importance of authentic prescribed forms for deductions and the treatment of derivative losses as accrued liabilities based on legal precedents and accounting standards. en-us Wed, 27 Sep 2017 00:00:00 +0530 Thu, 14 Dec 2017 12:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348841 The ITAT partly allowed the Revenue's appeal regarding the weighted deduction issue for statistical purposes but rejected it concerning the derivative loss disallowance. The judgment emphasized the importance of authentic prescribed forms for deductions and the treatment of derivative losses as accrued liabilities based on legal precedents and accounting standards. Case-Laws Income Tax Wed, 27 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348841