https://www.taxtmi.com/caselaws?id=392445 The ITAT allowed the assessee's appeal for statistical purposes, directing the Assessing Officer to independently verify trading transactions with M/s Lazara Commodities Pvt Ltd and re-examine the valuation report for short term capital loss in accordance with IT Rules. The ITAT stressed the importance of fair play and adherence to rules in assessing trading and capital losses, emphasizing the need for proper verification to ensure justice in such assessments. en-us Tue, 18 Feb 2020 00:00:00 +0530 Thu, 20 Feb 2020 12:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392445 The ITAT allowed the assessee's appeal for statistical purposes, directing the Assessing Officer to independently verify trading transactions with M/s Lazara Commodities Pvt Ltd and re-examine the valuation report for short term capital loss in accordance with IT Rules. The ITAT stressed the importance of fair play and adherence to rules in assessing trading and capital losses, emphasizing the need for proper verification to ensure justice in such assessments. Case-Laws Income Tax Tue, 18 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392445