https://www.taxtmi.com/caselaws?id=275078 The Tribunal dismissed both the assessee's and Revenue's appeals, upholding the CIT(A)'s decisions. The treatment of share trading loss as speculation loss, recomputation of disallowance under Section 14A with Rule 8D, and treatment of loss on cancellation of forward contracts as normal business loss were affirmed. The Tribunal relied on various judicial precedents to support its decision. en-us Sun, 25 Mar 2018 00:00:00 +0530 Tue, 18 Sep 2018 07:39:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275078 The Tribunal dismissed both the assessee's and Revenue's appeals, upholding the CIT(A)'s decisions. The treatment of share trading loss as speculation loss, recomputation of disallowance under Section 14A with Rule 8D, and treatment of loss on cancellation of forward contracts as normal business loss were affirmed. The Tribunal relied on various judicial precedents to support its decision. Case-Laws Income Tax Sun, 25 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275078