https://www.taxtmi.com/caselaws?id=401176 The Tribunal partially allowed the assessee's appeal, remanding the denial of carrying forward short-term capital loss for verification, deleting the addition of unexplained investments after confirming the error, allowing club expenses as revenue deductions, and upholding additions to book profit for MAT despite precedents cited by the assessee, due to a retrospective amendment. Certain additions were maintained for statistical purposes. en-us Wed, 21 Oct 2020 00:00:00 +0530 Sat, 28 Nov 2020 10:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401176 The Tribunal partially allowed the assessee's appeal, remanding the denial of carrying forward short-term capital loss for verification, deleting the addition of unexplained investments after confirming the error, allowing club expenses as revenue deductions, and upholding additions to book profit for MAT despite precedents cited by the assessee, due to a retrospective amendment. Certain additions were maintained for statistical purposes. Case-Laws Income Tax Wed, 21 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401176