https://www.taxtmi.com/caselaws?id=363783 The Tribunal partly allowed the appeal. It upheld the addition of Rs. 90,19,000 as Short Term Capital Gains (STCG) and allowed the full claim of Rs. 2,93,656 as interest on housing loan under Section 24(b). The challenge to the initiation of penalty proceedings was dismissed as premature, and the general ground of appeal was also dismissed. en-us Fri, 13 Jul 2018 00:00:00 +0530 Wed, 18 Jul 2018 06:15:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363783 The Tribunal partly allowed the appeal. It upheld the addition of Rs. 90,19,000 as Short Term Capital Gains (STCG) and allowed the full claim of Rs. 2,93,656 as interest on housing loan under Section 24(b). The challenge to the initiation of penalty proceedings was dismissed as premature, and the general ground of appeal was also dismissed. Case-Laws Income Tax Fri, 13 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363783