https://www.taxtmi.com/caselaws?id=279797 The Appellate Tribunal ITAT Ahmedabad upheld the validity of reopening the assessment u/s.148 of the Income Tax Act and the treatment of Guar Seeds transactions as speculative, leading to the disallowance of losses. The Tribunal dismissed the appeal by the assessee, affirming the AO's decisions. The order was pronounced on July 17, 2015, in Ahmedabad. en-us Fri, 17 Jul 2015 00:00:00 +0530 Sat, 06 Apr 2019 05:57:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279797 The Appellate Tribunal ITAT Ahmedabad upheld the validity of reopening the assessment u/s.148 of the Income Tax Act and the treatment of Guar Seeds transactions as speculative, leading to the disallowance of losses. The Tribunal dismissed the appeal by the assessee, affirming the AO's decisions. The order was pronounced on July 17, 2015, in Ahmedabad. Case-Laws Income Tax Fri, 17 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279797