https://www.taxtmi.com/caselaws?id=195863 The Tribunal upheld the Order under section 263 of the Income Tax Act 1961, directing a reassessment for the Assessment Year 2005-06. The first issue regarding set off of loss against dividend income was remanded for proper examination as the Assessing Officer (AO) did not adequately investigate. The second issue on the claim of interest against short term capital gains was also sent back for reassessment due to lack of inquiry by the AO. The Tribunal dismissed the Assessee's appeal, affirming the need for a thorough reassessment process. en-us Wed, 05 Dec 2012 00:00:00 +0530 Mon, 13 Nov 2017 13:11:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195863 The Tribunal upheld the Order under section 263 of the Income Tax Act 1961, directing a reassessment for the Assessment Year 2005-06. The first issue regarding set off of loss against dividend income was remanded for proper examination as the Assessing Officer (AO) did not adequately investigate. The second issue on the claim of interest against short term capital gains was also sent back for reassessment due to lack of inquiry by the AO. The Tribunal dismissed the Assessee's appeal, affirming the need for a thorough reassessment process. Case-Laws Income Tax Wed, 05 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195863