https://www.taxtmi.com/caselaws?id=287396 The Tribunal allowed the first issue in favor of the Revenue, directing the re-computation of deduction u/s.80HHC without clubbing turnover of all proprietary concerns. The second issue, regarding the deletion of disallowance of short-term capital loss, was dismissed in favor of the assessee based on legal precedents, including the decision in Union of India vs. Azadi Bachao Andolan (2003) 263 ITR 706 (SC). The Tribunal confirmed the CIT(A)'s order, partially allowing the Revenue's appeal. en-us Fri, 17 Sep 2010 00:00:00 +0530 Mon, 13 Apr 2020 13:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287396 The Tribunal allowed the first issue in favor of the Revenue, directing the re-computation of deduction u/s.80HHC without clubbing turnover of all proprietary concerns. The second issue, regarding the deletion of disallowance of short-term capital loss, was dismissed in favor of the assessee based on legal precedents, including the decision in Union of India vs. Azadi Bachao Andolan (2003) 263 ITR 706 (SC). The Tribunal confirmed the CIT(A)'s order, partially allowing the Revenue's appeal. Case-Laws Income Tax Fri, 17 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287396