https://www.taxtmi.com/caselaws?id=391209 The Tribunal allowed the appeal, granting the assessee the right to set off the entire business loss of Rs. 31,53,429 against his income. The Tribunal held that the loss from the Futures and Options business, financed by gifts from the assessee, was to be clubbed in his hands, entitling him to the full set-off. en-us Mon, 20 Jan 2020 00:00:00 +0530 Wed, 10 Jun 2026 10:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391209 The Tribunal allowed the appeal, granting the assessee the right to set off the entire business loss of Rs. 31,53,429 against his income. The Tribunal held that the loss from the Futures and Options business, financed by gifts from the assessee, was to be clubbed in his hands, entitling him to the full set-off. Case-Laws Income Tax Mon, 20 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391209