https://www.taxtmi.com/caselaws?id=294811 The appeal filed by the assessee against the order passed by the CIT(A) for A.Y. 2004-05 was partly allowed by the ITAT. The ITAT directed the CIT(A) to re-examine the disallowance of interest payable on loans borrowed from family brokerage firms for investment in shares and securities in line with previous orders. An additional ground raised by the assessee regarding the taxation of income in another individual's hands was rejected as unsubstantiated. The appeal outcome was pronounced on 6th November 2013. en-us Wed, 06 Nov 2013 00:00:00 +0530 Tue, 04 May 2021 15:26:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294811 The appeal filed by the assessee against the order passed by the CIT(A) for A.Y. 2004-05 was partly allowed by the ITAT. The ITAT directed the CIT(A) to re-examine the disallowance of interest payable on loans borrowed from family brokerage firms for investment in shares and securities in line with previous orders. An additional ground raised by the assessee regarding the taxation of income in another individual's hands was rejected as unsubstantiated. The appeal outcome was pronounced on 6th November 2013. Case-Laws Income Tax Wed, 06 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294811